Steve and Janet Culpitt, Financial Adviser and Business Manager for Arrow Insurance Consultant Services with more than 30 years of experience in the Financial Services Industry together, are dedicated to informing Australians about their investment opportunities and say that many people still do not understand the most common form of long-term investment – superannuation.

'Superannuation is a retirement and pensions program in Australia with a compulsory element that requires employers by law to pay an additional amount based on 9 per cent of the employee's salaries and wages and save it into a complying superannuation fund,' explains Steve. Employees can choose the super fund or retirement savings account (RSA) that will receive their super contributions under the superannuation guarantee. www.arrowinsurance.com.au/

Steve and Janet's mission at Arrow Insurance is to provide leading Corporate Superannuation and Risk Insurance Services. They provide tailored superannuation advice by first compiling and reviewing existing Super Fund arrangements, considering industrial state and federal awards as well as Enterprise Bargaining Agreements, and constructing and analysing an appropriate employee survey to determine employee wants and needs. Based on their research they then design a corporate superannuation structure to suit the individual objectives, financial situation and needs of the business and the employees.

With the help of financial advisers like Steve Culpitt, businesses can transition from viewing superannuation as an additional tax to a benefit they are providing their employees with, increasing motivation and retention. 'A good financial adviser,' Steve suggests, 'will facilitate a presentation to superannuation fund members to introduce any new fund with appropriate evaluation and implement an education program for members'. This course of action should be reviewed each year to remain up to date. www.arrowinsurance.com.au/