Consolidate your super

Fewer accounts could mean fewer super fees

If you’ve ever changed your name, address or job, chances are you may have more than one superannuation account. Having more than one account can mean more than one set of fees.

By consolidating your super, you put all of it in one place and with one super fund. That means only a single set of fees, plus easier account management.

How to consolidate your super

If you have other super accounts, you can consolidate your super into your AustralianSuper account quickly and easily online*. You'll need to have your other fund's details ready.

Before you consolidate

Before you consolidate, get the full picture. Ask your super provider for information about any fees or charges that may apply, or any other information about the effect this transfer may have on your benefits, such as insurance cover, before making a decision. If you wish to claim a tax deduction for personal super contributions, you must lodge a notice of intent to claim a tax deduction with your original fund, before you consolidate your super into another fund.

Consolidate now

Compare the Difference

Grace

Grace

Super balance: $150,000
Accounts: 3
Grace

Cheryl

Super balance: $150,000
Accounts: 1
Super account Balance Fees Super account Balance Fees
#1 AustralianSuper account $50,000 $473 #1 AustralianSuper account $150,000 $1,143
#2 Average super account
$50,000 $520
#3 Average retail super account $50,000 $552
Total $150,000 $1,545 Total $150,000 $1,143
By paying fees on three accounts, Grace pays more each year. Extra fees mean she has less to reinvest in super so can’t save as quickly as Cheryl.
By consolidating accounts, Cheryl only pays one fee. The money she saves is reinvested to grow her super balance faster.

Other ways to consolidate your super

You can download and complete the Combine your super form (PDF) and email it back to us.

If you don’t know your other fund’s details or think you have lost super with the ATO you can search for your super through your online account. You’ll need two forms of ID and have provided us with your TFN*.


What happens next?

If you’ve submitted your consolidation request, we’ll contact your other super funds to transfer your money to us. While we’ll do our bit to make sure your request is processed as quickly as possible, the processing time can vary between other funds. We’ll contact you, to let you know when it’s completed.

You can log in to your online account to keep track of your super anytime and to see the funds that have come in.

* To consolidate, we’ll need to have your TFN number. You can check if you’ve supplied us with your TFN by logging in to your account and clicking on My details.

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