It is estimated that more than one third of Australians have more than one superannuation account and many three or more.
Why consolidate your super?
- you have super funds from previous employers
- you received several super statements this year
- you’re finding it hard to keep track of your super accounts
- you have lost some of your super over the years
What are the benefits of consolidating your super fund?
There are many benefits gained when you consolidate your super. You will save costs by paying only one set of fees and the amount of paper work you will have to deal with will be reduced. Keeping track of your super will be less complicated and you will have a clear understanding of how much you have. Your ability to manage your super will be simplified and you can easily review whether your savings are working hard for you.