Like all financial decisions, it is important to know what any decision may mean, If you have Death and Total & Permanent Disablement Insurance with another super fund, transferring your balance out generally means your cover also ceases.
Telstra Super members can apply to transfer the amount of their external insurance cover into the Fund.
If you need more time, or you wish to cancel the consolidation call us on 1300 763 721 during those 10 days.
If we find super with features such as insurance, we will contact you before consolidating these accounts, to make sure you're not losing anything that may be important to you.
It’s important to consider your particular circumstances and read the relevant product disclosure statement before deciding what’s right for you.
This information hasn’t taken your circumstances into account. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.
Research from consumer group CHOICE in July 2010 show that the average Australian has three super accounts.
You wouldn’t pay more than one newsagent to deliver your paper, so why pay more than one super fund to deliver value on your retirement savings?If you need anything, call us on 1300 763 721 during those 10 days.We'll notify you in a few day's time when your results are available.It is a great way to save the super you already have, and reduce the hassle of having too much paperwork to look after.As well as changing jobs, even moving house could mean losing track of some of your super.