If you’ve had more than one job, chances are you also have more than one super account, especially if you have been happy to go with your employer’s default fund.
Moving all your super into one account (known as ‘consolidating your super’) might be able to help you save on fees and make managing your super easier.
via the Tax Office, website searches as well as other means, but found frustrating that many were still missing.If you work while visiting Australia on a temporary resident visa, your employer may be required to pay superannuation (super) on your behalf to a super fund.Explains what you can do with your super after you leave Australia.The best part is that combining is easy, so why not spend less than 5 minutes combining your super today?If you’re not a member, Australian Super is open to everyone - so wherever you work and whatever you do, you can combine and join right now.
According to recent research conducted for the Association of Superannuation Funds of Australia, the top reason people haven’t consolidated their accounts is because they just haven’t gotten around to it. Another reason people have multiple accounts is that they think it will be too hard or complicated to consolidate.