Consolidating superannuation accounts

15-Nov-2020 20:28

The ATO will then try to reunite it with your active account, along with any other super they hold for you.

If you don't have any other active super accounts to transfer into, you will need to contact the ATO to claim it.

Senate Economics Legislation Committee, questions on notice, 28 February 20194.

Productivity Commission Inquiry Report “Superannuation: Assessing efficiency and competitiveness”, 21 December 2018 AUSfund accounts are subject to the compulsory transfer rules. As AUSfund does not receive contributions and does not have insurance, investment choice or binding benefit nominations, members wishing to remain with AUSfund can only opt out of the transfer by completing the ATO Declaration*.

By sticking with Cbus you’ll enjoy the same history of strong, long-term performance, low fees and member benefits.

If your new employer is not already paying into Cbus, simply fill in and submit the I want my super paid into Cbus form (PDF).

When a payment is missed, we act quickly to contact the employer to offer our support and assistance to help them make the payment.

When an employer still has outstanding contributions, we refer them to Industry Funds Credit Control (IFCC), our arrears collection agency.

Update my details online - login to your online account.

Update my details by phone - Call us on 1300 361 784, 8am to 8pm Monday to Friday AEST/AEDT.Most members remain unaware of the automatic insurance that comes bundled with default My Super accounts and never tell their funds they don’t need these extra products.

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