Changing investments
Managing investments in super is like managing any other investment. It's about finding the balance that's right for you between risk and target return.
What type of investor are you?
Before you change your investments, it can be good to understand what type of investor you are and a few key investment concepts.
How long you’re going to be invested for
Your age, how long before you might start withdrawing your super, and your super balance, are all important factors when considering investments.
Remember, super is usually a long term investment but as you approach retirement, your investment timeframe gets shorter.
The risks of investing and how comfortable you are with risk
All investments have a level of risk. Understanding how you feel about risk helps when choosing investments.
One of the ways you can manage investment risk is through diversification, which means you invest in a variety of investment or asset types.
One of the easiest ways to diversify your investments is by choosing a pre-mixed investment option. In these kinds of options, our investment managers do the hard work for you and create investments that include various kinds of assets.
To learn more about the type of investor you are try our:
Investment options at BUSSQ
Are you wanting to take control of how your super savings are invested? Learn more about BUSSQs different investment options.
Get advice
Getting financial advice can help you understand your super and finances, plan for retirement and much more.
BUSSQ offers different types of advice and can help you get your head around your super.
How to change your investments
There are a few ways to switch your investments:
- Make the change in your online account.
- Call us on 1800 692 877.
- Complete the Investment Choice form for the type of account you have.
Do you have a MySuper account?
If you have a MySuper account, you'll need to upgrade to Premium Choice before you can make an investment switch. To find our more, see our Premium Choice PDS.
To upgrade your account, send us your completed Transfer from MySuper to Premium Choice form or call us and we can upgrade you over the phone.