Sally was 27 and lived with her flatmate Jenny. She worked full-time and had been in her previous role for around three years before just recently starting another job. She had a small amount of savings which was her nest egg for her dream future house. She regularly added to this from her wages.
Her new employer offered to pay her super payment into their preferred super fund. They provided her with information about it which was all financial jargon to her. It talked about insurance as well, which she had never taken any interest in. She decided it couldn’t hurt to speak to a financial planner. She also wanted to ensure if she was unable to work due to an unexpected illness or incident like one of her colleagues encountered, she could still pursue her dreams of buying a house and maintaining her current lifestyle.
She arranged an appointment to see a BankVic financial planner and after her initial conversation, she understood that she needed advice regarding her personal risk insurance and deciding between her two existing super funds and the new super fund being offered by her new employer.
As a result of receiving the advice:
Sally was now confident she was on the right course. She knew her super fund was appropriate and that she had the insurance necessary to ensure her goals and dreams were protected against what life might throw at her.
Our financial planners and superannuation professionals are representatives and employees of BankVic, they do not receive commission. We recommend you read our Financial Services Guide (PDF) for further information about how our financial planning services contribute to the income of BankVic. This advice has been prepared without taking account of your objectives, financial situation or needs. Because of this, before acting on the advice, you should consider whether the advice is appropriate for you. Before you make any decision to acquire any product or service, you should obtain and consider the relevant Product Disclosure Statement available from a BankVic branch or by calling 13 63 73. BankVic acts as an agent for a range of life insurance product issuers. Our financial planners are members of the Financial Planning Association of Australia and our superannuation professional is a member of the Association of Superannuation Funds of Australia. ™Superfuture is the exclusive registered trademark of BankVic, Registered Trademark 831100.