Super Booster Day

Choose a day and assemble the account

A Super Booster Day is a once-a-year appointment with your retirement savings. Block 45 minutes, collect the annual statement, open your fund and myGov, and find recent payslips. The goal is to finish a short review, not become an investment expert.

Start by confirming contact details, beneficiaries and how many accounts exist. Update old work emails and addresses. If myGov shows an account you do not recognise or a rollover you did not request, stop the review and contact the fund’s fraud team.

Run the five essential checks

Check contributions, fees, insurance, investment and beneficiaries. Match recent pay cycles to fund deposits; add annual fees and premiums in dollars; note insured amounts and policy types; read the actual investment asset mix; and confirm nomination type and expiry.

Mark each item green, review or urgent. Missing contributions and suspicious activity are urgent. A fund comparison or insurance redesign can be scheduled for research rather than rushed into the same session.

• Contributions: did the money reach the fund?
• Fees: what was the total annual dollar cost?
• Insurance: what do you have, and who needs it?
• Investment: what assets and risk sit behind the option name?
• Beneficiaries: is the nomination valid and current?

Make one improvement and record it

Choose the highest-value safe action, such as correcting payroll details, updating a beneficiary, scheduling an insurance comparison or increasing a contribution by an affordable amount. Complex changes can become separate tasks with evidence and advice rather than impulsive clicks.

Save a one-page note with the balance, annual fees, cover, investment option and actions. Set next year’s date and a shorter transaction check in three months. Repetition turns the exercise into maintenance instead of another forgotten financial project.