What’s the difference between coaching and advice?
All Future Super members can now access expert guidance from our in-house financial coaching team.
Since you’re a Future Super member, you’ve chosen a super fund that doesn’t invest in fossil fuel companies and other harmful industries. Of course, that doesn’t mean putting your money goals on the back burner. You can invest for the kind of future you want to see for yourself and the world.
Our coaching team is all about helping you achieve your financial goals. No concern is too small, and no retirement dream is too big! Whatever’s on your mind money wise, they’re here to help.
Our team includes financial coaches and financial advisers so you can access different levels of advice depending on what you need.
So what’s the difference?
Coaching is an informative, casual discussion that can help you understand your super and feel more in control of your financial future. Most members find they get the tips they need from the first call.
Personal financial advice, on the other hand, offers recommendations about your super tailored to your financial situation, goals, and preferences. If you need more detail on your situation after your initial coaching session, you’ll be connected to an adviser to dive into the nitty gritty.
They will work with you to understand your financial goals for your super in detail and create a tailored plan. This might include strategies including aligning your investment choice with your risk profile and values, reviewing your personal insurance (Life, TPD and Income Protection only), exploring tax-effective contribution strategies, and assessing if you're on track for a comfortable retirement!
What can I ask during an appointment?
There’s no such thing as a bad question – except the question that doesn’t get asked! You’re invited to quiz our coaches with your curliest money quandaries. Some common questions the team get include:
What’s the best investment option for my lifestyle
Is now a good time to change options?
How much do I need to retire?
How can I contribute more to my super?
Am I eligible for the age pension?
How does the insurance work?
What insurances do I need?
What does it cost?
Coaching and financial advice is generally included in your membership, meaning it’s covered by the fees you pay in your super, there are some exceptions though. We’ll let you know up front if one of those exceptions apply to you though – you won’t be hit with any surprise fees.
For example, if we’re advising you on a pension account a fee may apply. We’ll let you know beforehand, and any fee will be fair and transparent.
How do I book a session?
It’s easy to book a coaching session. Simply click Book a Call to choose a time that works for you, at no additional cost. If you’d like tailored personal advice, we can connect you with a registered adviser after your session.