Which Virgin Super plan fits my personality?

Superannuation schemes can sometimes be complicated and confusing for those without any financial knowledge, and sometimes time consuming and frustrating for those with.

Don't worry, we've been there too. That's why our Virgin Super products are designed to be straightforward and easy to understand, but still offering the freedom of choice for those who love being hands on.

So which personality type is best matched to which Virgin Super product?

The uncertain saver

Uncertain savers represent a large portion of superannuation users. They understand the logic behind building that coveted retirement nest egg, but aren't entirely sure about how to do it. The word ‘investment' is a frightening term, and that's not even getting started on ‘fees' or ‘insurance'.

If this sounds like you, you might be an uncertain saver.

Out of our two Super choices, Virgin Super Essentials may work best for you. This plan is designed to be more hands off, and does a lot of the work for you in a way you can understand. For one thing, investment options are pre-planned for you. Our default investment option, LifeStage Tracker® – Balanced, automatically adjusts your asset allocation and investment blend from growth to defensive assets as you get older.

On top of that, the fees are simple and straightforward to understand.

The money magician

Alternatively, money magicians are confident about investment and finances and think they could do a pretty grand job of choosing their own investment mix. And you know what? They probably can.

If that's you and you prefer to get stuck into choosing how your fund is invested, Virgin Super Plus provides the option to choose your own investments from our investment menu. These include Australian and international shares, cash and fixed interest, and property. On top of that, you can mix and match these choices to your heart's desire, as well as change them whenever you want.

Whether you're an uncertain saver or a money magician, keeping track of your super is important, which is why you can access your Virgin Super account online 24/7. This lets you switch easily between our super offers, Virgin Super Essentials and Virgin Super Plus as well as manage your investment mix if you're in Virgin Super Plus.

The family funders

Though you might think people who work in finance are mostly robots with desks, we're quite the opposite at Virgin Money. We understand the needs of parents with newborn children, and we're well aware that many superannuation schemes don't seem to support child-rearing as a life goal.

So when you take maternity or paternity leave from your job, and are thus no longer receiving employer contributions for your retirement nest egg, why are you still paying administration fees? Our Virgin Super Plus members have the option of an Australian superannuation first: the Virgin Super Baby Break. With this break, we will waive admin fees on your fund for up to 12 months so you can focus on cleaning up nappies without sacrificing your super balance.

So which plan do you think fits you?