scorpio dating site - Benefits consolidating superannuation

Just create a my Gov account and link it to the Australian Tax Office. If you've changed jobs a few times or regularly work on short projects, you may have accumulated multiple super accounts over the years.

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To consolidate super can also mean having only one set of fund statements to read, making it easier to keep on top of your superannuation and evaluate how it is performing.

With just one fund to keep track of, consolidating your super also makes it easier to keep tabs on your super throughout your working life, so you potentially won’t miss out on any superannuation savings in retirement.

It’s important to consider your particular circumstances and read the relevant product disclosure statement before deciding what’s right for you.

This information hasn’t taken your circumstances into account. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.

Over one in ten have three super accounts and 8% have four or more super accounts.

Having more than one superannuation account could mean paying multiple sets of account keeping fees as well as making your super harder to manage and keep track of.Strategic Insight, Marketer View – Retail managed funds, September 2017.Tax Office figures show that over 14 million Australians have a super fund account and around 45% of these people have more than one super account.The easiest way to find your other fund details is by reading your super account statements.All super funds are required by law to provide you with an annual member statement following the end of the financial year on 30 June, but some funds may send statements every six months or on a more frequent basis.Complete our form-free hassle-free process by combining online or over the phone.

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