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When there’s room for other investments to complement your super

What to consider when looking at different investment options.

What to consider when looking at different investment options. Photo: Shutterstock

The tax benefits associated with superannuation make it a clear winner when it comes to building wealth over the long term.

However, it isn’t available to everyone, and it doesn’t meet all savings needs.

Due to age and work tests, some people are no longer able to contribute to superannuation.

Others are still working but have reached the concessional contributions cap and can no longer make tax-effective contributions to superannuation.

There are many options available for your non-super investment needs, but some important issues need to be considered when looking at different investment options.

What’s your investment timeframe?

Understanding the level of risk that you are comfortable with will help guide your investment decisions.

It is generally influenced by factors such as your goals, age, resources and investment timeframe.

For example, if you are saving for a round-the-world holiday in the next 12 months, the type of investment options you may be considering could be different to those that are suited to building long-term savings to supplement your super in retirement.

How do you feel about risk?

As well as your timeframe, it is important to consider what your appetite for risk is.

How would you feel if your investment lost 10 per cent or 20 per cent of its value? If that would make you uncomfortable, then cash or capital stable investments may suit you better.

Investors who take the long-term view, and appreciate that sharemarket downturns and property slumps are typically followed by market upswings, are more suited to investing in shares and property.

You should review your risk profile regularly because most people’s attitude to risk changes throughout their life.

For example, as you get closer to retirement, or when children or grandchildren come along.

A range of investment options in one online platform

Ifsinvest is an online, non-super investment platform.

It’s brought to you by Industry Fund Services, which is wholly owned by 27 leading industry funds.

Like superannuation, ifsinvest offers a range of diversified investment options and access to expert, reputable fund managers.

But you’ll have access to your savings when you need them.

With ifsinvest you can choose from investment model portfolios, term deposits and managed funds to create an investment portfolio to suit your needs, objectives and risk profile.

It’s easy to use with a secure portal and fast, intuitive navigation, and it’s supported by a dedicated Client Care Team.

Because the platform is easy to use, you can manage your investments yourself and save on financial planner fees.

Contact Industry Fund Services on 1300 734 496 or click here to find out more, or to request an information kit.


Important notes:

All investments carry risk. Before deciding to invest, you should consider the following key risks:
• The value of investments will vary. You can lose money as well as make money.
• The level of returns will vary, and future returns will differ from past returns
• Returns are not guaranteed and investors may lose some or all of their money, and
• Laws change.

OneVue Wealth Services Limited ABN 70120380627 AFSL308868 (OneVue) is the product issuer of ifsinvest.

Industry Fund Services ABN 54 007 016 195 AFSL 232514 (IFS) has entered an arrangement with OneVue to make ifsinvest available to you.

IFS receives fees for its services.

This information has been prepared by IFS as promoter and distributor of ifsinvest.

It contains general information and does not take into account your personal objectives, financial situation or needs.

We recommend that you consult a financial adviser if you require financial advice that takes into account your personal circumstances.

It is important before deciding whether to invest that you read the Disclosure Documents and consider whether ifsinvest is suitable for you.

A copy of the Disclosure Documents can be obtained by calling 1300 734 496 or from the Documents and Resources tab of ifsinvest.com.au

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