I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC

Super Facts and Tips

Joining a Super Fund

Select the right super fund and you will be all set for a long, happy and comfy life once you retire. Pick the incorrect one and you are in distress.

There are some things you have to know when you choose a super fund. Research and inquire before committing yourself.

Ensure Whether You Can Select Your Super Fund

Most folks can pick the super fund for the super contributions of their employer. On the other hand, some folks who are insured by industrial agreements, as well as defined benefit funds members, do not have this decision.

To determine if you can select a fund, ask your employer or see ATO's info on choosing a superannuation fund.

If you can choose, your employer will provide you with a "standard choice form" once you commence work. The form displays your options for picking a superannuation fund. You can pick your own super or go along with your employer's super fund.

Give your tax file number once you enter a super fund. This guarantees you are taxed at the low rate, plus your super account will less likely get lost.

There are several key stuff to think through when comparing super funds. Spend time studying your picks.
• Fees it is better if they are lower
• Investment options Make certain some choices match your needs
• Additional benefits - Your employer could pay over 9.5% for particular superannuation funds or if you contribute yourself
• Performance Select a super fund that already has performed well
• Insurance Look at what insurance is offered and what it'll cost
• Service - Contact the super fund or visit their site to check what other services are provided
• Utilize the super calculator to compare super funds.
• Super Comparison Website

Super comparison websites such as these, publish super funds ratings:
• Morningstar
• Canstar Cannex
• SelectingSuper
• Chant West
• Super Savvy

For more info see www.australiansuperfinder.com.au

Loading PLease Wait..