Consolidating superannuation ato
They can then help you to transfer funds from the account or accounts you no longer want into your chosen fund.
That’s why it’s important to look at consolidating or rolling all your super into one account.
That way, you’ll only be paying one set of fees, and you’ll have a lot less paperwork to worry about.
Every superannuation fund charges fees for managing your super investment.
These fees, especially those charged by Industry Super Funds, may be quite small, but if you have super with more than one fund, then you’re paying fees on every account – and these multiple fees can soon add up and eat into your retirement income.
Search for consolidating superannuation ato:
Making a claim for funds that you have lost can be hard though.