Consolidate your super

Multiple super accounts means multiple fees, so consolidating them all into one fund generally makes good sense. The hard part is knowing which fund to consolidate to!

Your funds will generally provide you with insurance benefits, which you can usually also consolidate. It is very important to make sure the insurance is sorted before you transfer a fund, as otherwise it will be lost and you may not be able to replace it.

If you need help to choose the best fund or to consolidate your insurance and super please contact us. If you are happy to do this yourself you can request the form from us.

Remember that you can enhance your tax free income in retirement by adding other assets to your Super account. This may mean that your eventual pension will be greatly increased and you may also greatly reduce the tax paid in retirement.