Useful Calculators
• Risk profiler
• Budget calculator
• Super contributions calculator
• Insurance needs calculator
• Death & TPD insurance quote calculator
• Salary continuance quote calculator
As a member, you have access to a range of simple and straightforward everyday banking products from
ME Bank.
Financial planning process webcast
In this webcast, Regional Manager Errol Umar discusses why people need a financial plan, what sorts of questions a financial planner is likely to ask you and what a financial plan actually looks like.
Read more about the Financial planning options available to you.
What’s your appetite for risk?
When most people think of ‘risk’ they often think of something threatening or undesirable, something that should be avoided particularly when it comes to their investments or their super.
Australians generally do not have a good understanding of risk but if you want to maximise your retirement savings it pays to understand what risk means and how it affects the rate of return on your super investment.
Every investment decision involves an element of risk. Risk is the possibility that the actual return from an investment may end up being different from the expected return. Risk also includes the possibility that the actual return ends up being higher than what was expected.
Read more in our article: What’s your appetite for risk?
The dangers of investment switching
Market conditions in the last two years have been extremely volatile and understandably many members found these conditions extremely hard to cope with and were driven to think about changing their investment strategy. Our message to members has always been to think of the long term when contemplating an investment switch and not to react to short-term market movements but we understand how difficult it can be when you are facing losses on your account balance.
Read more in our article: The dangers of investment switching.
How do you know if you’ve got enough super?
It’s a shocking fact, but very few Australians are likely to retire with a comfortable amount of money. Many believe their superannuation contributions will be enough but Census data shows that many of us will have a much lower standard of living than we expect. Have you ever sat down and considered how much money you’ll really need to fund your retirement?
Read more here: How do you know if you’ve got enough super?
Fair Go
Member Benefits - helping you save!
We all know how important it is to save for our retirement or for any of the important things we want from time to time. At the same time, we also know how difficult it is to actually find ways to save on a regular basis.
In order to help you find those extra dollars, LGS has negotiated a range of special offers for you as part of the benefits you receive as a member. Your Member Benefits program is called "Fair Go".
The Fair Go Member Benefits program provides you with a wide range of offers; from savings on the absolutely essential items like health cover, to savings on important but easily overlooked things like holidays and days out with the family.
Find current offers in the Fair Go section.