If you have worked in Australia, in most cases you will have a superannuation (super) account. Almost 10% of all the money you earn is contributed to your super fund on your behalf. This is your money, invested for your retirement. Do you know what your super is invested in? Is it invested according to your values? Is your money helping create a world you would like to live in, in retirement? For example, some people may be concerned that supermarkets profit from poker machines and some companies are involved in weapons and defence.
Did you know that Ethical Investments perform well financially?
Everyone has different values, and we start by understanding what you would like to support or avoid with your super investments. A Gold Leaf Financial Planner can help you find a super fund or investment that has a strong financial management team with investments that match your values and goals.
Self Managed Super Funds
If you have a Self Managed Super Fund (SMSF), we can help you review your investments and implement any changes required to make sure your investments grow for retirement and are invested in line with your ethical values.
To learn more about ethical investment click here.
Gwen and Tom’s ethical super
Gwen and Tom read an article about super funds investing in fossil fuels and wanted to know where their super is invested. They are concerned about climate change and the world their children and grandchildren will inherit. They also wondered whether they will have enough money to retire and if they should make additional super contributions.
They saw a Gold Leaf Financial Planner and discussed their values and their goals. The adviser recommended a super fund invested in line with their risk profile that does not invest in fossil fuels and instead invests in companies with low carbon emissions. The fund also invests in energy efficiency, renewable energy and recycling companies. Their adviser recommended making additional contributions to super each year which had the added benefit of reducing their tax. They also started an ethical investment to grow their wealth outside of super in case the super rules change. The adviser provided projections showing they will have enough money to have a comfortable income throughout retirement. Gwen and Tom will have funds to renovate their kitchen, visit their daughter who lives interstate each year, travel around Australia and provide financial support for their grandchildren’s higher education.
By following their financial planner’s recommendations, Gwen and Tom feel content they have ethical investments that match their values. Having a roadmap for how to reach their retirement goals means Gwen and Tom feel a lot more confident about the future.