Most Australians on average have about 2-3 super funds from old jobs or temp work that they’ve just left because it’s just too hard to find them or gather them all together.

I must admit, it is a challenge talking to the so called customer service departments at fund managers to get details that may or may not be there. And to actually arrange for the money to be rolled over can take weeks or months! I feel a headache coming on just thinking about it.

Here is a quick guide to rounding up your super with minimal fuss:

1) For those who have a current fund and want to transfer the entire benefit amount from the old fund - CLICK HERE to go to the ATO website and compete the third page of the form and send it to your super fund (old one). Please note that this can only be done if you want to transfer the ‘whole’ amount to another fund.

2) If you have moved, and haven’t received a statement from your old fund, or simply have no idea where your super is, go to www.superseeker.com.au which is run by the Australian Tax Office to help you fund your lost super. All you need is your name, Tax File Number and Date of Birth to do the search. This will only bring up funds that have submitted you as being lost. So, if you don’t find anything, you may still have some out there.

Usually the best line of finding where your super is, is to contact your old employer and ask them. By law, they need to keep records of where they paid your super. Unfortunately, we’ve found that many employers haven’t paid super and we encourage you to call your employer to find out if this is the case. They then have to submit your contribution to the ATo where they will receive instructions from you as to where it is to be paid.

If you need help with any of this, I am more than happy to answer your questions or if you would like to look at setting up an individual fund, I can give you some choices in that direction also.

PD