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Super and having a baby

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Curious how having a baby can impact your or your spouse's super? It’s time to baby-proof your future finances in episode five of the Super Simple Chats podcast.

 

Sarah O’Brien is back to talk to Ange and Alex about how having a baby impacts your super. Plus, you’ll learn different ways to bridge the gap between men and women’s super balances.

 

Links:

Gender Super Gap - https://rest.com.au/super/understanding-super/women-and-super

Right Lane Forces at Work Report - https://www.rightlane.com.au/industry-superannuation-report/

Women in Super - https://www.womeninsuper.com.au/

Homelessness & Women - https://ownnsw.org.au/our-work/homelessness/

Super on Parental Leave Pay - https://rest.com.au/why-rest/about-rest/news/super-on-parental-leave-pay-win-for-equity

Gender segregation in the workforce - https://www.wgea.gov.au/publications/gender-segregation-in-australias-workforce

 

Disclaimer:

Before combining your super, consider which fund is right for you. Check out the fees and costs of your funds plus any benefits that would be lost, such as insurance cover. Make sure your other fund(s) knows about any contributions you intend to claim a tax deduction for, before combining your super. If you have any questions, speak to a licensed financial adviser or visit the ASIC MoneySmart website for more information.

Product issued by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 240003 (Rest), trustee of Retail Employees Superannuation Trust ABN 62 653 671 394 (Fund). Any advice is general and does not take account of your own objectives, financial situation or needs. Before acting on any advice, consider if it’s appropriate for you. Before deciding whether to acquire or continue to hold this product, consider the PDS and TMD at rest.com.au/pds.

The cost of providing financial services is included in the fees as disclosed in the relevant PDS. Rest and the Fund do not charge additional fees or pay or obtain commissions for advice provided. Rest employees are paid a salary and do not receive commissions or fees for the advice provided to you. They may receive a performance related bonus that takes into account the financial services provided. Super Investment Management Pty Limited, a wholly owned company of Rest, manages some of the Fund’s investments. Rest has no other relationships or associations with any related body corporate or product issuer that might reasonably be expected to influence Rest in providing financial services. For more information, contact us at rest.com.au/contact-us.

Rest Advice is provided by MUFG Retire360 Pty Limited ABN 36 105 811 836, AFSL 258145 (Retire360). It consists of advice provided by Rest Advisers who are authorised representatives of Retire360 and Digital Advice (Contributions Optimiser, Retirement Health Check and Investment Choice Solution). Rest members can access Rest Advice without incurring additional fees for simple financial advice about their Rest account. An additional fee is payable for complex advice. We will inform you about any additional fees before the advice is given. Refer to the Rest Advice and Retire360 Financial Services Guide for further information.

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