Having just one super account could be a sensible strategy. It may mean saving on account keeping fees and it helps you to keep track of your super all the way to retirement.
There are a range of strategies you can tap into to help grow your super such as making personal super contributions. Use these strategies boost your super savings over time.
The end of each financial year offers opportunities to grow your super. We explain the key strategies involved to give your super a boost before 30 June.
The way your super is invested could have a big impact on the final balance of your account and, depending on your fund, you have the option to shift between investments over time.
Information current as at 15/08/2016.
This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs.
Before requesting a rollover, you should consider where your future employer contributions will be paid (if your employer contributions are currently being paid to another fund) and check with your other fund(s) to determine whether there are any exit or withdrawal fees for moving your benefit, or other loss of benefits (e.g. insurance cover), noting that you may not receive the same type or level of benefits after the rollover. You may not be covered for injuries or illnesses that have arisen since you took out previous insurance, and you may lose loyalty benefits.