Roll over your super

VicSuper allows you to roll your super from other complying super funds into your VicSuper Scheme or VicSuper Beneficiary Account.

If you've had more than one employer, you may have more than one superannuation account. This can make it difficult to keep track of your super and may mean that you're paying unnecessary fees that could be eating into your savings.

One way to avoid this is to roll over your super into one low-cost account.

Benefits of consolidating your super:

1. Only one super account to keep track of.
2. As you have only one account, you're likely to pay less in fees, and therefore build your savings more quickly.

Why VicSuper?

• No fee to roll your money in or out
• Grow your super in a low-cost account
• Easy to monitor your super via VicSuper MembersOnline.

How to roll over your other super into VicSuper

Roll over online

Complete your rollover online and be guided through each step of the process.

Download the form

Complete a Rollover your super to VicSuper Fund form (V303) for each rollover, available from our forms page, and return it to us with a certified copy of your proof of identity. See list of people who can certify your documents. To have a copy of the form sent to you, please contact our Member Centre on toll free 1300 366 216.

Once we receive your completed form, we'll do the rest, although some of your old super funds may require you to fill in a form before they are willing to release your money.

Some things to check for

Although VicSuper does not charge you a fee to roll money in or out of your VicSuper Fund account, some funds do charge exit fees. It's important to check for these fees before rolling your money over.

You should also check for any tax implications and how any insurance cover or other benefits you may have with your other fund will be affected.

Need to assess your situation before rolling over?

A VicSuper adviser can help you out. It's a no obligation and no commission service. Here's what you can do at your appointment:

• discuss your personal financial situation and your goals
• discuss tax-effective strategies to maximise your super savings
• determine your risk profile and discuss VicSuper investment options
• get your documents certified and submit your rollover application form on the spot (if you decide to proceed).

Need help? Want to make an appointment with a VicSuper adviser?

Call our Member Centre on toll free 1300 366 216 between 8.30am - 5pm, Monday to Friday. You can also book a personal advice interview online