There's $18.8 billion in lost super in Australia. That means there's a one-in-two chance around $3,200 might be yours1. If you've changed names, changed jobs or moved without telling your super funds, then you may have lost super waiting to be claimed.
It's worth finding your lost super as fees may be eating away the balance (not to mention you might be paying a premium on insurance). At the end of the day, it's your money - so claim what's rightfully yours.
Fortunately, finding lost super is easy. Come into your local Westpac branch and we will conduct a lost super search for you for free! If we find any lost super, you may then wish to
- Get in touch with the super fund to update personal details
- Potentially consolidate your accounts, which may reduce recurring or duplicate fees.
Never lose sight of your super again with BT Super for Life
- A flexible superannuation account conveniently linked to your Westpac Online Banking making your super easy to keep track of - check the balance or add money at the click of a button - anytime, anywhere
- BT Super for Life also offers strong, flexible investment options tailored to your lifestage
- There are fewer and lower fees than the average personal retail super fund - 42% less2
- It's portable too, so if you change your job you can take BT Super for Life with you.
So visit us in branch and see what we can find and consider combining it into a BT Super for Life account today.
Next steps
Find out how to apply
Things you should know
1. Making it Easier to Find Lost Super, press release from The Hon Bill Shorten MP, 4 February 2011
2. Super Ratings Pty Ltd, commissioned by BT and based on information as at 30 December 2011 and on a survey of average fees of a sample of retail personal super funds for an account balance of $50,000 and $5,000 contribution p.a. Fees may change in the future which may affect this outcome.
BT Funds Management Limited ABN 63 002 916 458 is the issuer of interests in the BT Super for Life which is a part of Retirement Wrap ABN 39 827 542 991, RSE R1001327. A Product Disclosure Statement (PDS) and Financial Services Guide (FSG) is available by calling 1300 653 553 or visiting www.btsuperforlife.com.au. You should obtain and consider the PDS and FSG before deciding whether to acquire, continue to hold or dispose of interests in the Fund.
