There are billions of dollars in lost super in Australia, and some of it could be yours. The good news is that it’s pretty easy to find.
A super account is considered lost if your super fund can’t contact you or your account has been inactive for some time. This can happen if you move, change jobs, or change your name.
But finding your lost super is not hard, and it’s easy to consolidate it with your other super.
Finding your lost super
Find your super
Create a myGov account and link to the ATO to see details of your super accounts, including any you have lost track of.
You will need your:
- date of birth
- tax file number (TFN)
Things you need to consider when transferring your superannuation
When you transfer your superannuation, your entitlements under that fund may cease. You need to consider all relevant information before you make a decision to transfer your superannuation.
Check the feesEntry and exit fees cannot be charged. Before you transfer your lost super, you should check the implications on fees and tax, and any benefits (eg insurance) you may have.
Bring it all togetherConsolidating all of your super into one account is easy and means you will only need to pay one set of fees and keep track of one account.
Need some help?
If you have any questions about consolidating or need help understanding the implications of consolidating or rolling out of another fund, use our advice service to speak to a financial planner.
Don't sit there wondering - our team members are here to help!