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Meg Heffron

Don’t switch super funds without doing these five things

Careful planning can make the world of difference. Don’t be too trigger-happy when it comes to initiating the transfer via myGov.

Chances are that most people will change superannuation funds at least once in their lifetime. Apart from choosing the new fund, there is much to think about before making the move.

Many of these considerations are relevant whether you are moving from one public offer fund to another, from a public fund to a self-managed super fund or even the other way around when the SMSF is being wound up.

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Meg Heffron is managing director at SMSF specialist firm Heffron.

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    Original URL: https://www.afr.com/wealth/personal-finance/don-t-switch-super-funds-without-doing-these-five-things-20230830-p5e0iq