Friends With Money #40: Swapping super funds is as easy as 1, 2, 3

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Swapping super funds isn't as hard as you think.

This week Serina Bird, author and host of The Joyful Frugalista podcast, chats with Money's Julia Newbould about how easy it is to combine and change your super funds. Serina chose a low-fee industry fund, and says moving to a new fund - or consolidating multiple super accounts - is simple.

  • It can take less than 10 minutes to set up a new fund;
  • Your old super fund should not charge fees to release your money; 
  • You can use MyGov to find and consolidate multiple super accounts.

friends with money podcast how to change super fund

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Subscribe on YouTube for closed captions and transcripts: https://bit.ly/42VQFMY

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Julia Newbould was editor-at-large and later managing editor of Money from November 2019 to February 2022. She was previously editor of Financial Planning and Super Review magazines; managing editor at InvestorInfo and at Morningstar Australia. Julia co-authored The Joy of Money, a book on women and personal finance. She holds a Bachelor of Economics from the University of Sydney where she serves on the alumni council.

Serina Bird is a proud frugalista who has amassed more than a million dollars through frugal living. She is the author of several books including The Joyful Frugalista and The Joyful Startup Guide. Serina blogs at The Joyful Frugalista, and her podcast is available on Spotify and Apple Podcasts. She is also the founder of The Joyful Business Club. Her new book, How To Pay Your Mortgage Off in 10 Years is out now!