1. Find all your super

There’s around $20* billion of lost and unclaimed superannuation out there. If you’ve worked for more than one employer, moved houses or even changed your name, chances are some of it may be yours. Even if you haven’t lost super you may have multiple accounts which mean multiple fees and multiple sets of paperwork to keep track of. 

The good news is it’s easy to find in SuperOnline. We find your super and in a quick search show you the list of your super accounts. You can then you can decide if you want to consolidate them all into one account.  

TOP TIP – Research conducted by CHOICE shows that members with multiple super accounts can have $25,000 less in retirement savings† so having one super fund can really work in your favour.

Find all your super through SuperOnline

2. Check your insurance

You may have insurance through your super, but is it right for you? Log in to SuperOnline and see what insurance cover you currently have in place.

TOP TIP – Before making any changes to your insurance, try the Needs Calculator to help you understand how much cover you might require, and get an estimate of how much it will cost with the Premium Calculator.

Check your insurance through SuperOnline

3. Choose the right investment mix

Super may be the second biggest asset you’ll have after your family home, so it’s important to make sure you get the investment mix right. The market volatility last year made some people re-evaluate their willingness to take on risk. But switching when markets are down can cost you in the long-run. To check or update your investment option/s simply log in to SuperOnline.

TOP TIP – You can speak to an Adviser from TelstraSuper Financial Planning over the phone and receive general and simple personal advice about the most appropriate investment option/s for you. It’s all part of your TelstraSuper membership. To speak with an Adviser call 1300 033 166.

Choose your investment option through SuperOnline

4. Nominate a beneficiary

Did you know that your super doesn’t automatically form part of your estate in the event of your death? To make sure your super balance and applicable insurance benefits go to the right people you’ll need to let us know by nominating a beneficiary.

TOP TIP – To make sure your beneficiary nominations stay valid and effective, it’s important to make sure you keep them up to date, especially if your circumstances change. When making a nomination, you should consider whether it should be a binding or non-binding nomination. Find out more about the types of nominations you can make.

Check your beneficiary nomination though SuperOnline

Want more smart steps? 

We offer seminars and webinars on a range of topics that can help you get the most from your super. Later this month and next month we have the Super101 webinars running. They are a great way to get an overview of super and how to get the most from it. As part of your membership you can also get general and simple personal financial advice about your account over the phone. Call the TelstraSuper team on 1300 033 166 or fill in our online contact form.