• Personal
  • Employers
  • Advisers
  • Calculators & forms
  • News Hub
  • Contact us
QSuper QSuper
  • Products
    • Why QSuper
    • Can I join QSuper
    • Investment options
    • Fees
    • Financial advice
    • Compare us
    • Insurance
    • Account types
      • Accumulation account
      • Transition to Retirement Income account
      • Retirement Income account
      • Lifetime Pension
      Why QSuper?

      A focus on strong performance

      More reasons to feel good
  • Super
    • Grow your super
      • Salary sacrifice
      • Super co-contribution
      • Voluntary contributions
      • Spouse contributions
      • Contribution caps
      • Tax deductions
    • Consolidate your super
    • Find your lost super
    • Changing jobs
    • Nominate beneficiaries
    • Early access
    • Seminars and education
  • Retirement
    • Why retire with QSuper
    • Retirement accounts
      • Transition to Retirement Income account
      • Retirement Income account
      • Lifetime Pension
    • Retirement planning
      • Make your super last in retirement
      • The Age Pension and Super
    • How much super do you need to retire
    • Access your super
      • When can you access your super
      • Withdraw your super
    • Seminars and education
      Award-winning

      Money magazine’s Best Retirement Innovator 20232

      Find out more
  • Investments
    • Investment options
      • Lifetime
      • Moderate
      • Balanced
      • Socially Responsible
      • Aggressive
      • Cash
      • Diversified Bonds
      • Australian Shares
      • International Shares
      • Self Invest
    • Performance
      • Overview
      • Graphs
      • Unit prices
    • Online investment advice
    • Compare options
    • Change your investment options
    • How QSuper invests
    • Investing your super
  • Insurance
    • Insurance options
      • Income protection
      • Total & permanent disability cover
      • Death cover
    • How much insurance cover do you need
    • Change or cancel your insurance
    • Make an insurance claim
  • Advice
  • Calculators & forms
  • News Hub
  • Contact us
Join
  • Call
Join Log In - Open navigation
Member Online

Forgot username?
Forgot password?
Register

Navigation

QSuper
  • Personal
  • Employers
  • Advisers
  • Search
  • Join Log In
  • Products Expand
    • Why QSuper
    • Can I join QSuper
    • Investment options
    • Insurance
    • Fees
    • Financial advice
    • Account types Expand
      • Accumulation account
      • Transition to Retirement Income account
      • Retirement Income account
      • Lifetime Pension
    • Compare us
  • Super Expand
    • Consolidate your super
    • Grow your super Expand
      • Salary sacrifice
      • Super co-contribution
      • Voluntary contributions
      • Spouse contributions
      • Contribution caps
      • Tax deductions
    • Find your lost super
    • Changing jobs
    • Nominate beneficiaries
    • Early access
    • Seminars and education
  • Retirement Expand
    • Why retire with QSuper
    • Retirement accounts Expand
      • Transition to Retirement Income account
      • Retirement Income account
      • Lifetime Pension
    • How much super do you need to retire
    • Retirement planning Expand
      • Make your super last in retirement
      • The Age Pension and Super
    • Access your super Expand
      • When can you access your super
      • Withdraw your super
    • Seminars and education
  • Investments Expand
    • Performance Expand
      • Overview
      • Graphs
      • Unit prices
    • Investment options Expand
      • Lifetime
      • Moderate
      • Balanced
      • Socially Responsible
      • Aggressive
      • Cash
      • Diversified Bonds
      • Australian Shares
      • International Shares
      • Self Invest
    • Online investment advice
    • Compare options
    • Change your investment options
    • How QSuper invests
    • Investing your super
  • Insurance Expand
    • Insurance options Expand
      • Income protection
      • Total & permanent disability cover
      • Death cover
    • How much insurance cover do you need
    • Change or cancel your insurance
    • Make an insurance claim
  • Advice
  • Your account Expand
    • Super Expand
      • Transactions
      • Statements and History
      • Investments
      • Performance
      • Financial Advice
      • Insurance
    • Profile Expand
      • Personal details
      • Security
      • Authorities
      • Employer
      • Beneficiaries
    • More Expand
      • Contact us
  • Calculators & forms Expand
    • Superannuation & Retirement Calculators Expand
      • Super and retirement planning calculators
      • Retirement planning
      • Insurance
      • Maximise your super
      • Savings
      • Investing
    • Forms Expand
      • All
      • Forms for claims, withdrawals, and transfers out
      • Forms for deposits, contributions and transfers in
      • Insurance forms
      • Investments
      • Transfer
      • Other forms
    • Publications Expand
      • PDS
      • Guides
      • Annual reports
      • Factsheets
      • Other publications
      • Target Market Determination
  • News Hub Expand
    • Category Expand
      • News
      • Superannuation
      • Retirement
      • Finances
      • Investments
      • Community
      • Wellbeing
      • Employer
  • Contact us Expand
    • Email QSuper
    • Language assistance
    • Browser support
    • Formal enquiries and complaints
    • FAQs – Frequently Asked Questions

News Hub

All Articles News Superannuation Retirement Finances Investments Community Wellbeing
News Hub Superannuation

Is now a good time to consolidate your super?

Superannuation
26 June 2022 5 min read

Costs of living and stresses on financial wellbeing may contribute to a greater focus on planning for retirement, including considering whether to consolidate super accounts to reduce fees.

Having your super in a number of different super funds may be costing you money. It may also make it more difficult to keep track of your super.

By consolidating your super, you may save on two precious commodities – your money as well as your time.1

Consolidating your super means moving all your super to one fund.

Fewer accounts could mean fewer fees and it also makes your super easier to manage.

You can consolidate your super at no cost in a few simple steps.

Why consolidate super?

If you’ve ever changed jobs, or even your name or address, there is a chance you may have more than one super fund.

This may make it difficult to keep track of how much super you have.

Having all of your super in one fund means you:

  • May save money by only paying one set of fees
  • Have less paperwork
  • Can keep track of your super balance more easily.

Is now a good time to consolidate your super?

If you are thinking of consolidating your funds, there are some things to weigh up.

Consolidating your super into one fund may mean that some of your money being transferred may be out of the market for a short period of time.

In times of volatility, the time that your money is out of the market may have an impact on your balance.

However, delaying consolidation may mean continuing to pay higher fees in total if you have a number of superannuation funds.

Quickly and easily find any lost super

According to Australian Tax Office figures, there’s $13.8 billion held as lost or unclaimed superannuation in accounts across Australia, with almost $2 billion in Queensland alone.2

Finding your lost super can be key to helping you reach your retirement goals.

We aim to make it quick and simple through Member Online to check for any lost or unclaimed super.

Through Member Online, you can search for a full list of any super accounts you may have with other super funds, and any ATO-held super that may belong to you. There are no paper forms to sign or mail in.

Under security measures designed to protect your personal information, you will require personal identification, such as your driver’s licence or passport, to meet an identity check and complete the search.

The results of your search are private.

While we can search for your super funds and lost super automatically, we will never bring your funds over unless you ask us to.

If we find other super for you, you'll be given a choice to consolidate into your QSuper account.

Is there anything to check before I combine my super?

If you are thinking about combining your super into one fund, you can check with your other funds to see if you may lose any benefits like insurance or pension options. If you want to consolidate with QSuper and you have insurance with your other fund, you may be able to transfer your cover across. You may need to make sure your transfer of insurance cover is complete before you consolidate your super.

Click

Get started


1. Before you consolidate your super, please consider if withdrawing savings from your current fund/s could lock in a previous investment loss. You should also check with your other fund/s if you will lose access to benefits such as insurance or pension options, or if there are tax implications.
2. ATO, 18 March 2021, Lost and unclaimed super by postcode, June 2022 at ato.gov.au

Related Content
Grow your Super 5 actions you could take now to help grow your super
17 Nov 5 MIN READ

You could feel more in control of your future in 2022 with these 5 simple actions.

Read more
Finance Superannuation
IF YOU ENJOYED THIS ARTICLE, YOU MIGHT ALSO LIKE...
Grow your Super 5 actions you could take now to help grow your super
17 Nov 5 MIN READ

You could feel more in control of your future in 2022 with these 5 simple actions.

Read more
Finance Superannuation
5 reasons to salary sacrifice 5 reasons to salary sacrifice this year
03 Jan 5 MIN READ

5 reasons why it is worth getting your head around salary sacrificing

Read more
Superannuation Finance
mature male using laptop $14 billion in lost and unclaimed super - is any yours?
07 Apr 5 MIN READ

Find any lost and unclaimed super that may be your money.

Read more
News Superannuation
banner QSuper and Sunsuper merger: What it means for members
30 Jan 5 MIN READ

QSuper and Sunsuper are coming together to form Australian Retirement Trust. Find out what this means for our members.

Read more
News
All Articles News Superannuation Retirement Finances Investments Community Wellbeing
  • Our products
    • Why QSuper?
    • Investment options
    • Fees
    • Insurance
    • Financial advice
  • Super & retirement
    • How much do you need?
    • Grow your super
    • Consolidate
    • Changing jobs
    • Seminars
    • Access your super
  • Investments
    • Performance
    • Unit prices
    • Graphs
    • Compare options
  • Calculators & Forms
    • Calculators
    • Forms
    • Publications
    • PDSs
    • TMDs
    • Member Outcomes Assessment
  • Contact us
    • 1300 360 750
      Mon-Fri 8.00am to 6.00pm AEST
  • About us 
  • Careers 
  • Sitemap 
  • Privacy 
  • Security 
  • Disclaimer 
  • Terms and conditions 
  • Disclosure 
We're part of Australian Retirement Trust
2020 awards
Facebook Twitter LinkedIn YouTube