Roll in your super

Have you worked for more than one organisation? If you have, why not roll over your other super to QSuper?

Having more than one super account can have its drawbacks

• There may be extra fees to pay.
• It can be hard to keep track of where and how your super is invested.
• You run the risk of losing track of an old super account altogether.

Save on multiple fees

Australians pay between one and two billion dollars a year in unnecessary super fees because of multiple super accounts.¹

The issue of multiple fees is especially relevant in relation to funds that charge flat weekly fees. If you have three super accounts, you will pay three separate fees. Consolidating your accounts means you’ll only be paying one fee, and that could save you money.

QSuper's fees

QSuper has no entry fees, exit fees, or ongoing adviser commissions. And, the less you pay in fees and commissions, the more money you may have working in your account for you. Find out more about our fees.

You could save on fees by rolling your other accounts over to QSuper, which has some of the lowest fees in Australia.²

Before requesting a rollover, it is a good idea to check with your other fund/s to determine whether there are any exit or penalty fees for moving your benefit, or other loss of benefits, such as insurance or pension options. In addition, if your other super fund is untaxed there may be tax implications to consider.

1. Choice (2006). The Super Secret: How multiple accounts cost consumers billions.
2. SuperRatings (2008), QSuper Accumulation account fundamentals fact sheet.