Friday, September 24, 2010

Checking for lost super

Have you got all your superannuation in the one account? If not you are paying double the amount of fees and not earning what you could be earning.

Yesterday when I was cleaning out my storage cupboard and looking through my paperwork I came across a form from when I was doing my hairdressing apprenticeship. It was for a superannuation fund I was a member of back then. I didn’t stay with them but forgot to roll over the fund to a new account.

I didn’t earn much back then and didn’t think there was more than $200 in there. I rang them this morning and was truly shocked. I have over $800 in there. I know I was on a really low wage and I wasn’t even with them for a year, so how I accumulate that much I have no idea. It was years ago and I thought by now most of it would have been eaten by fees.

It took me years to get my husband to consolidate his super. He had 5 different accounts and I have just discovered another. This has cost him thousands in terms of fees and lost interest. It wasn’t until he lost $700 in one account that he finally moved it.

It isn’t that hard to do but so many of us just haven’t. There’s billions of unclaimed super money. If you are Australian click here to go to a site where you can find out if you have any lost superannuation. You might be surprised.

It is something so simple but so overlooked. I know for a fact quite a few relatives of mine have numerous superannuation accounts and don’t know how much is in them or even how many they have. It is so easy to open them up, make a call or download forms from their site, fill them out and give them back.

Have you checked yours?


  1. Hi there! I'm your newest follower from the Friday Bog Hop!! Lovely blog you have here! You can find me at

  2. Thank you for following me at Ready2GetHealthy! I am now following back. Happy Friday!

  3. I'm a new follower from the Friday Blog Hops and I am definitely interested in following your journey and seeing if you do it. :) Happy Friday. :)

  4. New follower from Boost My Blog Friday! Hope you'll come and visit me at!

  5. Finding money you didn't know you had is always a great thing.

    Following from Boost Your Blog


  6. New follower from Boost My Blog Friday. Hope you can stop by sometime!

  7. New follower from BMBF blog hop.

  8. Hi! I'm a new follower from Boost My Blog Friday! I look forward to reading - I would love some financial freedom as well and would LOVE to be a millionaire!

  9. I know I need to do this, I moved my big one when I changed jobs a few years ago but I have 2 little ones hanging around. Also just discovered that DH has 2 accounts with the one company and that was well before we were married. So I am looking to transfer them all over to his current one. Fee's are high on his 2 others.

  10. great site.
    Following from boost my blog friday.

  11. I am your new follower. You can follow me back at Make sure you leave a comment so I know you visited.

    Have a great weekend

  12. I am your newest follower. I hope you can return the favor.I also am giving away a Senseo coffee maker to one lucky reader, just for following:)

  13. Hi Emma!
    I think that you can make it!!! :)

    Thanks for visiting "Mrs. NoNo Knows"! Following you back! Hope you will stop back often and put in your two cents.
    Mrs. NoNo Knows


Note: Only a member of this blog may post a comment.