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Starting a new job

How to take your super with you

When you start a new job, your employer should ask you the name of your current super fund.

If you don’t supply one, they’ll choose one for you.

This may mean an additional super account for you, with additional fees, or even worse, if they don’t choose an Industry SuperFund you could end up with less super in retirement.*

Staying with your Industry SuperFund is easy.

Here’s how:

It’s easy to take your Industry SuperFund with you to a new job.  If you’re already a member of an Industry SuperFund:

  • Simply complete your details including your membership number on the form provided to you by your new employer; or
  • Obtain a Fund Nomination form from your Industry SuperFund. You can download this from their website or you can give them a call. You can find a link to your Industry SuperFund’s website here.

If you're not a member yet, now is the perfect time to join an Industry SuperFund. You can find details of the 15 Industry SuperFunds here

 

 

* Past performance is not a reliable indicator of future performance. Assumes starting balance of $50,000 and initial salary of $50,000. Comparisons modelled by SuperRatings, commissioned by ISA. Modelled outcome shows 10 year average difference in net benefit of the main balanced options of 15 Industry SuperFunds and the 85 retail funds tracked by SuperRatings, with a 10 year performance history, taking into account historical earnings and fees – excluding contribution, entry, exit and additional advisor fees – of main balanced options. Outcomes vary between individual funds. Modelling as at 30 June 2015. See www.industrysuper.com/assumptions for more details about modelling calculations and assumptions. Consider a fund’s Product Disclosure Statement (PDS) and your personal financial situation, needs or objectives, which are not accounted for in this information, before making an investment decision. 

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