How to consolidate
The SuperMatch function that allows you to consolidate your super funds online is temporarily suspended. Until further notice, you can’t consolidate your super via your SuperOnline account.
You can still consolidate your super by downloading and completing the Consolidate your super form and emailing it back to us.
Things to think about
- Insurance: when you consolidate your accounts into TelstraSuper you’ll lose any insurance cover with your current funds. You may be eligible to apply to transfer any existing death and total and permanent disablement insurance into TelstraSuper (not Income Protection cover). To do this, you must apply and have your application accepted in writing before you consolidate.
- Exit fees: check if there are any fees for leaving current funds. TelstraSuper doesn't charge any transfer fees, but your other fund might.
- Advice: think about getting financial advice before you combine your super and insurance.
Why consolidate your accounts
If you have multiple superannuation accounts, consolidating them into one account may be to your advantage. You could potentially save on multiple account keeping fees which may make a significant difference to the value of your final super benefit when you retire.
And when you only have one super account it’s easier to follow how your super in tracking throughout your lifetime. Read more about the benefits of TelstraSuper.
Need help with your multiple accounts?
At TelstraSuper we’re here to help you build a secure financial future. If you’d like to discuss consolidating your super or if you have any other queries relating to your super account contact us on 1300 033 166 or fill in our online contact form. There's no additional cost for our phone based advice as this is included in your TelstraSuper membership.Online contact form