Glossary · Financial Portfolio

How does superannuation fit into your financial picture?

Superannuation is money saved in Australia's retirement system. For a broad net worth snapshot, a recorded super balance may be included as an asset; access to it follows separate rules.

Start Free All glossary

Plain English. Australian context.

Superannuation

Know what the term means, what it does not mean and where to go next.

Meaning & context

What it means for your records.

Plain-English information to help you organise your financial picture.

Financial Portfolio editorial team
Australian record-keeping context
Updated 7 October 2026

Put it into context

Use a recent fund statement for the balance and date. Keep the fund name, account reference stored safely, and relevant beneficiary-nomination information identifiable without mistaking the app entry for the fund's formal record. For a household view, avoid counting one balance twice. Financial Portfolio can record super as an asset, but it does not connect every super fund, recommend investments or establish death-benefit entitlements. ASIC Moneysmart explains how super works.

Should super be included in my net worth?

It is commonly included in a broad asset snapshot, but state the calculation scope and use a current statement.

Can Financial Portfolio change my super beneficiaries?

No. Review nominations directly with the fund.

Start with what you have

Bring your financial life into focus.

You do not need every detail on day one. Start with the records that matter most, then build a clearer picture at your own pace.

View plans Talk to the team

How does superannuation fit into your financial picture?

Superannuation

What it means for your records.

Put it into context

Your next useful step.

Bring your financial life into focus.