Westpac Banking Corporation


Solutions

Building my wealth

How can I consolidate my super?

We've earned it, so why are we so cavalier about it? Australians have more than $13 billion in lost superannuation lying around. Bank Manager Frank Speranza explains how to find out whether some of that $13 billion belongs to you.

Updated 26 April 2011


Need more knowhow? Catch up on the whole series here.

If you have more than one super fund, you’re probably paying more fees than you need to.

Consolidating your super makes it easier to manage, could save you money and it reduces your chances of having lost super.

Read up on Consolidating your super.

You can boost your super by making an after-tax contribution - the money you earn on your super investments are taxed at a maximum of 15%, rather than a maximum of 46.5% in non-super investments. 

This means that an after-tax contribution to your superannuation could be a more effective way to save for retirement, rather than investing or saving your money outside of super.

Read up on How to top up your super.