Things to consider before consolidating your super
Different funds have different regulations and offer different services.
Before transferring your super out of one fund and into another, make sure you check for any termination or exit fees that your old fund might charge.
When choosing your one preferred fund, always make sure that:
- It offers the same types of insurance options that your old funds offered (e.g. Death and Disability insurance and Income Protection cover)
- Your employer can pay into it and
- It has all the services that you want from a super fund
NB: Before consolidating or rolling your super into one account, make sure your chosen fund has adequate insurance cover.
If you are considering consolidating your super – give us a call and we can assist you with the whole process.
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