Rolling over and insurance

I have an account with you and am also required to have an account for my university job (my employment conditions stipulate membership of that fund). I think I'm going to rollover my Media Super into the other one because I don't want to double up on fees and I'm not earning as an actor these days - but I don't want to lose my accrued Death Benefits etc - do you have any advice about this? - Alice

It's a common enquiry - not wanting to lose your insurance benefits if you close your Media Super account.

In consolidating your superannuation, there's a number of factors to consider, such as comparing insurance cover options (death, total and permanent disablement and income protection) and cost benefits or fees.

Super Choice legislation allows you to choose what super fund your contributions go to, unless you work under an Enterprise Bargaining Agreement (EBA) or have agreed to a fund under your contract of employment.

Your local Relationship Manager can further explain the cost benefits and insurance options of being with Media Super, visit www.mediasuper.com.au/contactus.

« Back to questions