This otter makes rolling over look easy, and that’s ‘cause it is.
“I love paying extra fees!” said no one, EVER. If you have super floating around in a few different accounts, you may be paying multiple sets of fees.
You can rollover online — it will literally take just a few minutes of your scrolling time. Those few minutes spent now can give you more control over your financial future and could add up to a major $$$ investment for you to splash (or manage responsibly, which we highly recommend) down the track.
Why should you roll over?
- Pay less in fees - Roll all of your super into one account and you won’t be paying fees to other funds.*
- Declutter - One account means you won’t get multiple statements every year or a stream of emails from a number of different super funds.
- Keep track of your balance - With all your money in one place it’s much easier to manage your account and see how your super is tracking.
Before you rollover your super
- Review any other benefits, such as insurance cover that you might have through other super funds.
- Make sure your employer is paying contributions to the correct fund.
- Think about getting some advice to help you compare the benefits and costs of funds, and what impact rolling over will have on your super balance.
* Transferring cover from another fund to HESTA is subject to approval. Before you transfer your cover consider seeking financial advice.