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.
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; or
- You can fill out our Choice of Superannuation Fund form online, then give it to your employer.
If you're not a member yet, now is the perfect time to join an Industry SuperFund. You can find details of the 16 Industry SuperFunds here.
*Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund. Comparisons modelled by SuperRatings, commissioned by ISA and shows average differences in net benefit of the main balanced options of 16 Industry SuperFunds and retail funds tracked by SuperRatings, with a 3 (144 funds), 10 (73 funds) and 15 (45 funds) year performance history, taking into account historical earnings and fees – excluding contribution, entry, exit and additional advisor fees – of main balanced options. Outcomes may vary between individual funds. Modelling as at 30 June 2018. 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. ISA Pty Ltd ABN 72 158 563 270 Corporate Authorised Representative No. 426006 of Industry Fund Services Ltd ABN 54 007 016 195 AFSL 232514.
Assumes initial starting balance of $50,000 and initial salary of $50,000.