Keeping all of your superannuation benefits in one place makes sense. By transferring your other superannuation fund accounts into one fund, such as a MLC MasterKey account, you'll be able to grow your retirement savings more efficiently.
The more superannuation funds you have your retirement savings in, the more you may be paying in administration fees. By consolidating your superannuation into one account, you could reduce the cost of saving for your retirement.
Having all your superannuation in one account reduces your paperwork and makes it easier to keep track of where your superannuation is invested and how it's performing.
Transferring money from another superannuation fund to your MLC MasterKey account is easy - MLC or your adviser does most of the work for you!
All you need to do is complete the Request to Transfer Superannuation Benefits Form, and return it to MLC.
MLC will then contact your other superannuation fund(s) to request the transfer of your money.
To find out more about MLC superannuation products, get in touch with a financial adviser or call MLC on 132 652.