Here’s the latest in a series of articles from industry super fund, First Super, with tips to help you make the most of your super. This time the focus is on how you could boost your savings by combining several super balances into one account.

Step 3 – Stop Throwing Your Money Away – Combine Your Super Balances

Having two or more super accounts means you’re literally throwing away hundreds of dollars every year. Over your working life, this can add up to tens of thousands of dollars wasted.

Why? Because every super account you have charges you administration and investment fees and costs, including insurance premiums.

You wouldn’t pay your bills more than once, so why pay multiple account fees?

‘Rolling in’ or combining your other super funds into one account means all that money that would have gone on fees and charges goes towards boosting your hard-earned retirement savings instead!

The Combined Benefits of Rolling In

Rolling all your balances into one account means:

  • You save on fees – one account means one set of fees
  • All your super is together benefitting from compounding interest and a single investment strategy
  • You don’t lose track of your super
  • It’s easier to manage your super – less paperwork, fewer passwords!

But before transferring out of any other super fund, it’s important to check:

  • if you will lose any insurance benefits
  • if any charges may apply (e.g. exit fees)
  • if the account has defined benefits attached
Start Rolling It In

If you are a member of First Super, to combine all your funds into one account and start boosting your super, all you have to do is:

  • Log in to firstonline here and start the process today, or
  • Provide us with a few details by completing this online form.

The First Super website has useful FAQS about rolling in your super from other funds.

First Super members can also take advantage of a new online tool to help them track down other super balances. If you aren’t a member of First Super, you can get help to find lost super through the ATO website.

First Super is here to help

First Super has a team of Business Development Managers and Workplace Coordinators based around the country. They can visit your workplace to help to explain your options and support with completing forms, as well as providing general advice and running information sessions.

To book a call or meeting, or for any other super queries, contact the Member Services Team on 1300 360 988 or


This article was issued by First Super Pty Ltd (ABN 42 053 498 472, AFSL 223988), as Trustee of First Super (ABN 56 286 625 181). It may contain general advice that has been prepared without taking into account your objectives, financial situation or needs. You should consult the Product Disclosure Statement (PDS) before making any investment decision. Content was accurate at the date of issue, but may subsequently change. Please contact First Super’s Member Services Team on 1300 360 988 for updated information or to obtain a copy of the PDS.