Consolidating superannuation

09-Jun-2017 17:13

Adam also gave some insight into ways to accessing your superannuation early through total and permanent disablement (TPD).He discussed the importance of thoroughly looking through and understanding the terms and conditions of your super statements.If you have more than one super account to combine, just enter your personal details once, and the new form will remember your details for the next transfer.Once we’ve received your super from your other fund/s, or if there’s any reason why your super can’t be combined into your Australian Super account, you’ll be contacted with information on what to do next.If you want to avoid this fate, super consolidation could be a good move.In addition to this, you’ll also save money by paying fewer fees, and reduce the hassle involved in managing your super.You can forget all other log in details to your superannuation funds and keep track of your accounts by using our leading technology.

If this is the case, you might think about consolidating your superannuation. There are several reasons why you might roll your superannuation all into one.Rather than having several sets of paperwork and updates to keep track of, not to mention decisions around how those funds are invested, you can reduce that number to one, saving yourself time and stress.What to consider before consolidating Prior to making any sweeping decisions about your super funds, get informed.Firstly, having to juggle several different accounts means you might easily lose track of them.At the time of writing, unclaimed or lost superannuation funds totalled .9 billion — or an average of 00 per person.

If this is the case, you might think about consolidating your superannuation. There are several reasons why you might roll your superannuation all into one.

Rather than having several sets of paperwork and updates to keep track of, not to mention decisions around how those funds are invested, you can reduce that number to one, saving yourself time and stress.

What to consider before consolidating Prior to making any sweeping decisions about your super funds, get informed.

Firstly, having to juggle several different accounts means you might easily lose track of them.

At the time of writing, unclaimed or lost superannuation funds totalled .9 billion — or an average of 00 per person.

IS Australia's first website committed to helping Australians find and consolidate their Superannuation accounts into one low cost superannuation fund.