Consolidating superannuation funds Free video chat with sexy girls no credit needed
If you’re like most of us, you probably have more than one super fund.
That means you’re paying multiple fees, which can add up over time.
This is the easiest and quickest way to move all of your super into one account. You can contact either the fund you want to move your money into or your current fund to let them know you want to consolidate your accounts.
Many funds provide a service where they will consolidate accounts on your behalf.
Find out more about how super works and how to build your super.
Superannuation is a trillion-dollar industry that the vast majority of Australian workers are invested in, whether it is voluntary or legally obliged.
However, people have been found to have multiple super accounts.
Why should you do to combine your super accounts and how do you do it?
You need to sign the authority that will be produced after you register.
This is required by the funds before a superannuation search can commence.
You may be regarded as a lost member of a super fund, approved deposit fund or eligible roll over fund if: Your fund has been unable to contact you because you have changed address and the fund has received return mail "not known at this address"; you are an inactive member because your previous employer no longer contributes or your account was transferred from another fund as a lost or inactive member and the new fund has not been advised of your new address.
It’s important to consider your particular circumstances and read the relevant product disclosure statement before deciding what’s right for you.
This information hasn’t taken your circumstances into account. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.
In October 2013, approximately 33% of the survey respondents had more than one superannuation fund because they hadn’t got around to consolidating them yet.