Consolidate your super

Super in a few places isn’t just messier – it’s a lot more expensive. Consolidate with us for fewer fees and easier management of your super account.

The benefits of consolidating your super

If you’ve ever changed your name, address or job, chances are you have more than one super account. And more than one account means 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.

Fewer accounts means fewer fees

Infographic showing how consolidating or combining your super from multiple super accounts into one super account could save you from paying multiple sets of fees. It shows a scale which with three bags labelled ‘fees’ on one side and one bag labelled ‘fees’ on the other side. The scale is tipped towards the side with three bags. Before making a decision to combine your super, you should ask your super provider about any fees or charges that may apply, or any other effect this transfer may have on your benefits, such as insurance cover.

Compare the Difference



Super balance: $150,000
Fees: $1,785


Super balance: $150,000
Fees: $927
Accounts: 1
Super account Balance Fees Super account Balance Fees
#1 $50,000 $387 #1 $150,000 $927
#2 $50,000 $653
#3 $50,000 $745
Total $150,000 $1,785 Total $150,000 $927
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.
$858 worse off $858 better off

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.

How to consolidate your super

If you know you have super with another fund you can consolidate your super by:

You’ll need to have your other fund’s details ready.

Other ways to consolidate your super

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.

*You can check if you’ve supplied us with your TFN by logging in to your account and clicking on My details.

SuperRatings Fund Crediting Rate Survey – SR 50 Balanced (60-76) Index. AustralianSuper investment returns are based on crediting rates. Crediting rates are the investment return less investment fees, the percentage-based administration fee (applicable from 1 April 2020) and taxes.  Investment returns aren’t guaranteed. Past performance isn’t a reliable indicator of future returns.

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