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

Starting A New Job? Do Not Forget Your Superannuation

When you change jobs, decide about where you like your superannuation to go yourself do not allow your employer to make it for you.

Take time to check where your superannuation is, how it's invested, as well as whether you have to make whichever changes. Dwell on whether you ought to consolidate your superannuation funds or salary sacrifice a percentage of your income.

Commencing a New Job? Cheers!

One decision we are requested to make once we commence a new occupation is what we desire to do about our superannuation. For some folks, this can be huge, so they allow their employer to choose on behalf of them. But it is your cash, so it is worth to take the time to ensure your superannuation contributions are spent in a manner that is rational for you.

It isn't as difficult as you may think. Here is our checklist of 5 things you ought to think about once you alter jobs.

Where would you want your superannuation contributions to go?

Unless it's your first occupation, you possibly have one superannuation fund already. If you like the superannuation contributions from your employer to access the Colonial First State account of yours, all you have to carry out is complete a Superannuation Choice Nomination Form and hand it to the person or company who employed you.

If you do not notify your employer where you'd like the contributions to go, they will arrange an account on behalf of you using their default superannuation fund. They must provide you with some info about this super fund together with your paperwork once you are offered the employment. Be sure to compare the services, insurance and fees for this super fund to your current fund (that is if you own one), so you can decide carefully about which super fund to pick.

If you are having a difficult time tracking your lost super feel free to seek the support of www.australiansuperfinder.com.au. You can set a free consultation with their administrators by calling 1300 252 167

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