I am in a defined benefit fund, why would I need to see a financial planner?

Firstly, superannuation is only one part of a financial plan and ignoring the rest is like trying to complete a jigsaw puzzle with only 20% of the pieces; you will not see the whole picture and how the different parts go together.  Secondly, a lot of people understand the benefits of a defined benefit fund but very few understand the risks and tax implications.   For example, we know that putting money in a bank account provides security of capital, but most do not comprehend that there is a risk of losing money over the longer term because the real return of cash is generally negative.   Like cash, a defined benefit fund can provide you with security and great benefits but talking to a finanial planner can make sure it fits within the bigger picture.

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