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Consolidating super typically involves completing a transfer form to request your existing super funds transfer the balance to a new chosen super fund.

Click here to find out more on superannuation rollovers.

You can also work with your financial institution to set this distribution up monthly so it becomes more like a paycheck. There will be less filing, less mail, less passwords to track, less time spent dealing with paperwork, and less time looking stuff up.

You won't need to keep spreadsheets to track investments across multiple accounts and/or if you link accounts to an online service such as Quicken, you'll have less linking issues to troubleshoot.

Benefits of consolidating Multiple super accounts mean you are paying multiple fees and multiple insurance premiums.