Consolidate Your Super

Having multiple super accounts means paying multiple administrative fees and premiums which can reduce your super savings over time. Having all your super in one place not only makes it easier for you to manage, but it saves you lots of money in the long run. The average Australian has about 4 or 5 job changes in their lifetime, and usually that can mean a change in their super fund each time, too.

Benefits Of Consolidating

Consolidating your super means reducing unknown fees and premiums, but it also means less for you to manage over time.

 

You could have 3 or 4 unclaimed super accounts that are slowly losing value over time – by joining them all into one primary super account, you will save on each individual account fee, paperwork, and the risk of completely forgetting about them.