Testimonials


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

Super for Changing Jobs

The checklist below will aid you to get it set out at once. When you change your job, decide where you’d like your superannuation to go. Do not allow your employer to choose on your behalf. Take some time to check where your superannuation is, how it’s invested, as well as whether you have to make any alterations. Consider whether you should combine your superannuation funds or agree to salary sacrifice a portion of your income.

Are you starting a new job? Cheers!

One choice we are asked to make as soon as we start our new job is what we’d like to do about our superannuation. For several individuals, this can be a huge deal, so they allow their employer to make the decision for them. However, it is your money. Therefore, it is worth to take the time and effort to make certain that your superannuation contributions are spent in a manner that’s reasonable for you.

It isn’t as hard as you may think. Here is a list of 5 things you ought to consider once you change jobs.

1. Where would you like your superannuation contributions to go?
You almost certainly have at least one superannuation fund already if this is your very first job. If you like the superannuation contributions by your employer to be deposited in your account (Colonial First State), all you have to do is complete a “Super Choice Nomination Form” and hand it to your new employer.
If you do not notify your employer about where you’d like the contributions to go, your employer will set up the account on your behalf with their default superannuation fund. They ought to provide you with some info about this super fund together with your paperwork once you are offered the job. Be certain to compare the insurance, services and fees of this super fund to your existing fund (that’s if you currently have one) so that you can make a well-rounded choice about which super fund to select.

2. Do you like to combine all your superannuation together?
It is easier to monitor your superannuation when it is all consolidated in a single fund. You could pay fewer charges by combing your funds --- which may make a huge difference to the superannuation balance once you retire --- and it provides you with a clear view of how the superannuation is invested, and how it is performing.
Before consolidating, check if you will be charged with any withdrawal or exit fees, and think about any tax implications or investment and whether or not you’d like to keep any insurance you could have with the super fund.

3. How is the superannuation invested?
Superannuation is an investment that’s long-term, and to make the most of your super, it is vital to check it on a regular basis to make certain the way it is invested is right for your stage of life and financial situation. A tiny change to the super now may add thousands to your superannuation account once you retire.

If you are having problem consolidating your super, feel free to consult as by calling 1300 252 167

All information on this website is of a general nature only. We have not taken into account your financial situation, needs or objectives. You need to make up your own mind and ascertain yourself if it is right for you. We recommend you read the product disclosure statement(s) and the financial services guide before making any financial decision.

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