Thanks to Channel 9 News for the great piece on how Raiz is helping Australians save more for their goals and Superannuation! To read more, please go to their article – ‘The app increasing your super while you spend’ or watch the video below.
Article Excerpt:
Raiz is helping consumers use their spare change to boost retirement savings through an easy-to-manage investment account. And Raiz user Nathan Martyn said he has already saved hundreds.
“I wanted to start paying attention to where my super was and how it was likely to generate over time,” Martyn told Nine News.
“I’ve had over the last six months about $500, which has generated about a 10% return,” he said.
Superannuation money is invested into the same funds as the investment account where your spare change goes. You then choose whether to invest in lower or higher risk funds, and can see how it is performing every day.
“You have a Raiz invest account and with the push of a button your details are transferred over to create a super account,” said Raiz chief operating officer Brendan Malone.
“It brings all your super into one place, into one investment app where you can see the opportunities.”
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Important Information
The information on this website is general advice only. This means it does not take into account any person’s particular investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the product.
A Product Disclosure Statement for Raiz Invest and/or Raiz Invest Super are available on the Raiz Invest website and App. A person must read and consider the Product Disclosure Statement in deciding whether, or not, to acquire and continue to hold interests in the product. The risks of investing in this product are fully set out in the Product Disclosure Statement and include the risks that would ordinarily apply to investing.
The information may be based on assumptions or market conditions which change without notice. This could impact the accuracy of the information.
Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.
Past return performance of the Raiz products should not be relied on for making a decision to invest in a Raiz product and is not a good predictor of future performance.
