Man pinching nose holding glasses in red scarf, header image for Hindsight blog

Hindsight's a sitch: How to make the most of your super and insurance

No one can predict the future. And no one can turn back time. So why does it sting so much when we look back and wish ‘if only’?

It’s called hindsight – when you regret decisions made or actions you didn’t take. And it can be a real sitch when it comes to your super and insurance. But the good thing about hindsight is it reminds you that, although you can’t change the past, you can plan for a better tomorrow for Future You. 

When it comes to your superannuation and insurance, the right choices today can have a big impact on your tomorrow. So let’s use the power of Future You’s hindsight to think about your sitch right now – and see what changes you might make to avoid feeling the dreaded ‘if only’ down the track.

Your super

The sitch

Did you know Australians are paying more than $30 billion in super fees each year? That’s why Future You could look at your super balance after years of contributions, wondering where it’s all gone.

While fees aren’t the only factor to look at when comparing super funds, they can have a big impact to your future balance. According to a recent Productivity Commission Report, fees can be the biggest drain on your overall return.

It makes sense when you think about it. According to SuperGuide, an increase in fees of just 0.5% may seem small, but it all adds up over time. By the time a typical full-time worker reaches retirement, it could cost them about $100,000 –  that’s 12% of their balance.

The hindsight

What would Future You want to do? Perhaps you’d want to make sure you’re not paying more fees than you should. It’s easy to compare with the Virgin Money Super fee comparison tool, where you can quickly compare 10 well known super funds fees on a range of balances. Imagine how choosing lower fees today could help grow your future balance? It’s the power of hindsight at your fingertips. And that’s not all Future You will thank you for.

Along with Virgin Money Super having one of the lowest fees in the market, Virgin Money also rewards you with Velocity Frequent Flyer Points1 on your contributions2. So, saving for the future can help take you places too.

Before rolling over, just check to see if insurance or other benefits will be impacted or lost. Eligibility criteria and conditions apply.

Want to know more about our rewarding super fund?

See more from Virgin Money Super

Your car, home and contents insurance

The sitch

The world is constantly changing, and we’ve seen a few biggies of late. Local and international supply issues are common, and the cost of living is on the rise. Insurance prices could also go up – so as the world and your life changes, don’t forget to compare your insurance cover.

The hindsight

Insurance isn’t a set and forget thing. It’s important to regularly check your cover and make sure you’re not overpaying for the insurance that you need. From your car to your home and contents, next time your insurance policy is up for renewal, check that you’ve got the cover Future You would choose. Ask yourself a few important questions:

  • Are you paying too much? 
  • Does your cover protect you for what you need? 
  • Do you have the right level of car insurance cover now we’re all back on the road? 
  • Does your home insurance policy cover all those lockdown renovations? 
  • Is the overall amount you’re insured for enough to cover the rising cost of living?

If you need a helping hand, Virgin Money Insurance offers great value cover, from Comprehensive Car Insurance, Home & Contents Insurance – cover is designed to give you peace of mind when the unexpected happens. Like temporary accommodation if an insured event makes your home unliveable for your family and pets.

Hindsight will have Future You breathing a sigh of relief in times of uncertainty.

Want to protect what matters?

Find out more about Virgin Money Insurance


Important information

Virgin Money Super

It is very important to note that superannuation is generally a long term investment. Past investment performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund.

This information is of a general nature only and does not take into account your personal financial situation, needs or objectives. Please consider your own personal financial circumstances and consider the Product Disclosure StatementProduct GuideInsurance Guide and Financial Services Guide before taking any action in relation to your superannuation, making a contribution, or asking your employer to contribute to Virgin Money Super for you. You should consider the suitability of superannuation and Virgin Money Super’s Product Disclosure Statement before making a decision on your superannuation investments, making a contribution, or asking your employer to contribute to Virgin Money Super for you. For further information about the insurance options refer to the Insurance Guide.

1. Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 (Virgin Money) provides and operates Virgin Money's Super Engagement Program. To earn and redeem Velocity Points, you must be a Velocity member. Velocity Frequent Flyer issues Velocity Points on instruction from Virgin Money. Velocity is not responsible for the material in this document and does not hold an AFSL. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, available at, as amended from time to time. Virgin Money reserves the right to change or withdraw Virgin Money’s Super Engagement Program at any time in line with the Terms & Conditions.

Velocity Points are available to new and existing Virgin Money Super customers. 1 Velocity Frequent Flyer Point will be awarded for every $5 of Net Super contribution during the Points Earn Period. The maximum number of Velocity Points you may earn in respect of any financial year is 250,000 Velocity Points. The number of Velocity Points Virgin Money will allocate to you for a Points Earn Period is based on the net contributions in your Virgin Money Super account during that period. Points are allocated to your account approximately 3½ months after the Points Period end. See Virgin Money’s Super Engagement Program Page for more details. To be eligible to earn Velocity Points for a given Points Earn Period, you must be a member of Virgin Money Super on the relevant Points Issue Date, you must have updated your Virgin Money Super account with your Velocity membership number, name and surname before the last business day of the relevant Points Earn Period; you must have had a superannuation guarantee contribution or a voluntary contribution received into your Virgin Money Super account during the relevant Points Earn Period and you must be an individual who is an Australian permanent resident or citizen and you must be an active member of Velocity Frequent Flyer. You must not have made a rollover out of your Virgin Money Super account in the 18 months before the relevant Points Issue Date.

2. Before you rollover or consolidate your superannuation, you should check to see if insurance or other benefits will be impacted or lost. Some funds may also charge withdrawal or exit fees. You should consider the relevant Product Disclosure Statement. Please note this information does not constitute personal financial product advice, and you may wish to consult your financial adviser before making a decision about whether Virgin Money Super fits your objectives, financial situation and needs. If you are considering making voluntary contributions into your Virgin Money Super account, you should consider your personal circumstances, the impact of such contributions to your contribution caps, as well as associated taxation issues before making any decision on making voluntary contributions. Concessional tax rates do not apply on contributions which exceed government contribution limits. See the ‘How Super is Taxed’ section of the Virgin Money Super Product Guide and the contribution fact sheet on our website for more information about contribution types and limits.

Please refer to our the Product Guide and MySuper Product Dashboard for further information.

Prepared by Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869 (‘Virgin Money’). Virgin Money Super is a plan in the Mercer Super Trust ABN 19 905 422 981. Virgin Money Super is issued by Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533 AFSL 235906 as trustee of the Mercer Super Trust. For more information about Virgin Money Super, please refer to the PDS which is available free of charge on our website or by calling the Customer Care Team on 1300 652 770.

Virgin Money Insurance

As we don't know your financial needs we can't advise if this insurance will suit you. Please consider your needs and the Product Disclosure Statement (PDS), Target Market Determination (TMD), Financial Services Guide (FSG) and Premium, Excess and Discount Guide (PED) and/or Terms and Conditions available at before making a decision to buy this product.

Before switching providers we recommend you read the PDS, compare all policy features and find out if cancellation fees apply. Approved applicants only. Terms, conditions, limits and exclusions apply.

Virgin Home & Contents Insurance not available in Northern Territory, North Queensland and Northern Western Australia.