As recruitment and staffing specialists, members of RCSA are in the privileged position to have the opportunity to educate their younger candidates about the importance of superannuation. It’s a vital topic that is often overlooked or pushed to the side by young Aussies, deemed boring and unsexy.
For many of us, retirement seems a lifetime away, but the smarter you are as a youth, the likelier you are a to have a healthy nest egg when the time comes to clock off for the last time. RCSA Principal Partner, Prime Super has close to 30 years’ experience managing superfunds and is on a mission to make sure we all prioritise saving for retirement from a young age. It starts with consolidating accounts.
“Being young is the perfect time to get ahead”, explains Prime Super National Sales Manager, Gil Sebbag.
“The earlier you consolidate your accounts, the more money you are likely to have, thanks to compound interest.
“If you have had more than one job, the chances are you have multiple super accounts, resulting in additional fees and possibly insurance premiums. Having your super in one account as early on as possible means you can have a much bigger balance to enjoy later in life.”
Prime Super is planning to give one lucky member a $10,000 kickstart. It’s a chunk of money that could make a big difference down the track.
“By combining super into your Prime Super account before Friday, 17 May 2024, members will automatically go into the draw to win that $10,000 super top up,” says Gil.
If you’re a Prime Super member and want to go in the draw to win, click here to find out more.