Growing my super
Being super smart
By consolidating your super accounts, reviewing your asset allocations and taking out insurance tax effectively via super, you will be well placed to grow your super for retirement.
Why should I consolidate my super funds?
Many people are now able to choose their own super fund, meaning it is no longer necessary to change funds when you move into a new job.
Consolidating your super into one fund means you only pay one set of fees, so there are fewer costs eating into your savings. It also makes it easier to track and manage.
If you have changed jobs and lost track of your previous super accounts, you may be able to locate them using SuperSeeker.
Find out more about consolidating your super.
How can I make sure my super continues to work for me?
It's important to review your asset allocation regularly. Check that your asset allocation still reflects your objectives and your attitude to risk.
A Westpac Westpac Financial Planner 1 can help you get more out of your super.
Things you should know
- 1.Westpac Financial Planners are representatives of Westpac Banking Corporation, AFSL No 233714.
- There is no charge for accepting any rollovers, however before requesting the rollover it is a good idea to check with your other fund to determine whether there are any exit fees for moving your benefit, or other loss of benefits (e.g. insurance cover).
