skip to log on skip to main content
VoiceOver users please use the tab key when navigating expanded menus
Article related to:

Getting started

How advice can help you achieve independence

2017-08-09 04:30

To ensure your super delivers the independence you’re looking for in life, you may need advice.

  • A financial planner can be integral to developing a confident, lifelong plan.
  • Often, without advice, we continue to increase our lifestyle and spend more.
  • The purpose of advisers is to protect what you have and make it work harder.

Independence is something we all strive for. Being able to do the things we want minus money woes is powerful. But for most of us, it's not easy to attain or maintain.

The main route to reaching such a state of independence is to take care of your hard-earned cash, so it increases to meet ongoing needs. One of the easiest, most available tools to do this is superannuation – in fact, this is exactly why it exists.

You need a strategy that keeps delivering

You may have set up your super account right, but a truly successful super strategy requires a little groundwork, if not help.

One way to do this is to seek advice from a financial planner who can outline appropriate super strategies that deliver for as long as you need.

Adele Martin, financial planner and proprietor of Firefly Wealth, defines independence as having choices: “It doesn’t always mean retirement as a lot of people may not want to retire,” she says. “But it means being able to do what you want.”

Taking control of your super is an important part of achieving independence. “Having an adviser can help when you want someone to bounce ideas off, especially around rule changes,” Martin says. “They can provide you with greater confidence and certainty.”

Start when you're young

RetireInvest Morisset proprietor, Glenda Chase, says when it comes to super, it’s important to get advice early. “There are a lot of structures that can help young people accumulate funds and make those funds work for them,” she says.

Advice can be quite basic, such as working out a budget and showing where all your money is going.

“Many people don’t know what they’re doing with their money,” Chase says. “If all they’re doing is working and spending, they’ll continue to increase their lifestyle expenditure, which will absorb all of their funds.

“So you need to talk them through the potential of saving a small amount today that turns into a larger benefit in the future.”

Seek good advice

Chase also tells clients to look at their super as something where the harder you make it work for you, the better your life is going to be.

It’s more important than ever to seek advice, especially with the government changes to superannuation rules. “Advisers are able to review your finances and, with the right advice, help you protect what you have while giving you strategies to make it work harder,” she says.

“The ultimate goal is financial freedom.”

How advice can help you achieve independence

Explore how Superannuation can work for you

If you're looking for a super solution that's easy to take care of consider ANZ Smart Choice Super

Related articles

OnePath Custodians Pty Limited (OPC) ABN 12 008 508 496, AFSL 238346, RSE L0000673 is the trustee of the Retirement Portfolio Service (ABN 61 808 189 263, RSE R1000986) (Fund) and issuer of the interests in “ANZ Smart Choice Super”, a suite of products consisting of ANZ Smart Choice Super, ANZ Smart Choice Super for employers and their employees and ANZ Smart Choice Super for QBE Management Services Pty Ltd and their employees. OPC is part of the Insignia Financial Group of companies, comprising Insignia Financial Limited ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group).

ANZ Smart Choice Super is issued by OPC, and the ANZ Smart Choice Super and Pension product is distributed by Australia and New Zealand Banking Group Limited (ANZ) (ABN 11 005 357 522). ANZ is an authorised deposit taking institution (Bank) under the Banking Act 1959 (Cth). OPC is the issuer of this product but is not a Bank. Except as described in the relevant Product Disclosure Statement, the obligations of OPC are not deposits or liabilities of ANZ or its related group companies. None of them stands behind or guarantees the issuer or the capital or performance of any investment. Such investment is subject to investment risk, including possible repayment delays and loss of income and principal invested. Returns can go up and down. Past performance is not indicative of future performance.

This information is subject to change. You should read the relevant ANZ Financial Services Guide (FSG), PDS, product and other updates (for open and closed products) available at and consider whether the product is right for you before making a decision to acquire, or to continue to hold the product. Updated information will be available free of charge by calling Customer Services on 13 12 87.

Taxation law is complex and this information has been prepared as a guide only and does not represent tax advice. Please see your tax adviser for independent taxation advice.

The information on insurance cover is a summary only of the terms and conditions applying to the insurance cover. To the extent there is any inconsistency with the terms of the insurance cover provided by the insurer, the terms of the insurance policy will prevail.

The information provided is of a general nature and does not take into account your personal needs, financial circumstances or objectives. Before acting on this information, you should consider the appropriateness of the information, having regard to your needs, financial circumstances or objectives. The case studies used in this article are hypothetical and are not meant to illustrate the circumstances of any particular individual. Opinions expressed in this document are those of the authors only.

ANZ does not represent or guarantee that access to ANZ Internet Banking or the ANZ App will be uninterrupted. Temporary service disruptions may occur. ANZ recommends that you read the ANZ App Terms and Conditions available here for iOS (PDF) and here for Android (PDF) and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.

In addition to their salary, ANZ staff members may receive monetary or non-monetary benefits depending on the product they are selling or providing advice on.

Apple, the Apple logo and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc.

You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.