Reduce fees and get more control over your super

It’s now easier than ever to find all your lost super and consolidate it or any other super you may have into your NGS Super account.

Having all your super in one fund can help you manage it better, grow your super faster and saves you multiple administration fees.

Need a few more reasons?

NGS Super offers you:

  • Strong investment returns
  • Low fees and charges – we’re run to benefit members only
  • Simple to comprehensive advice via qualified NGS Financial Planners
  • Award–winning insurance offering^

Other factors should be considered when choosing a superannuation fund. You should ask your other super fund for information about any fees or charges that may apply, or any other information about the effect this transfer may have on benefits such as your insurance cover, before making a decision to combine your super.

How to consolidate your super

1

Consolidate now

Click on the 'Consolidate now' button below.

2

Log in to Member Online

Enter your Member Number (located on your annual statement) and PIN to log in to your account.

3

Find my super

Click 'Find my super' in the menu board and then click on the green ‘Find My Super’ button.

4

Submit your request

Submit your request once you’re done. We’ll do the rest.

Consolidate Super

Log in to Member Online

Find out how you could earn more super for retirement

We’ve provided you with an estimate of how much more your super might have earned if, five years ago, you had combined super you may have with another fund with us. To do this, we’ve had to make some assumptions.

You can view the calculations by clicking your age group button below:

Under 35 years of age
35-54 years of age
55+ years of age

About our assumptions (under 35)

This illustration shows how a super balance of $50,000 five years ago might have grown to 31 December 2018 with NGS Super, compared to the same balance over the same period in a median retail master trust.

It illustrates that a number of factors (including investment performance, insurance premiums and fees) can combine to produce a meaningful difference in superannuation balance outcomes in different funds over a relatively short period of time. Relevant factors are shown in the table below.

For simplicity, the illustration takes no account of any contributions (whether employer superannuation guarantee or member additional voluntary) and shows only what the outcome might have been based on the stated assumptions for the starting superannuation balance shown.

The illustration is an estimate only and does not represent the actual outcome that would have occurred for any particular person. ‘Median retail master trust’ refers to a group of super funds that include those run by the big banks and the AMP. The details extracted are for the median of that group and do not relate to any particular fund. Past investment performance is not a reliable indicator of future performance. General advice warning

 

  NGS Super   Median Retail
Master Trust
Balance at start of period $50,000
Investment performance:
5yr return p.a. for balanced
investment option
(NGS: Diversified (MySuper))
6.73% [i]   4.93% [ii]
Admin fees p.a. $65 [i]   $78 [iii]
Insurance assumption:
premium p.a. for $450,000 life and
$190,000 TPD cover [iv], @ age 27,
constant each year;
no income protection cover
$137 [v]   $376 [v]
Estimated balances at end of period
(31 December 2018)
$68,014   $60,973
Difference between balances
(rounded to nearer $1000)
$7,000

[i] NGS Super average 5 year return as at 31 December 2018
[ii] SuperRatings credit rate survey of Dec 2018 - SR50 Balanced median for Master Trusts
[iii] SuperRatings benchmarking report 2017 – Page 113 – Fee component for Retail Master Trust Median
[iv] Default NGS Plus life and TPD insurance covers at age 27 - NGS Super insurance guide 1 June 2017
[v] Chant West’s Apple Check report 2018

Other assumptions used in the calculator: 

  • No employee superannuation guarantee, additional after-tax or pre-tax contributions

 

Consolidate now

About our assumptions (35 -54 years of age)

This illustration shows how a super balance of $80,000 five years ago might have grown to 31 December 2018 with NGS Super, compared to the same balance over the same period in a median retail master trust.

It illustrates that a number of factors (including investment performance, insurance premiums and fees) can combine to produce a meaningful difference in superannuation balance outcomes in different funds over a relatively short period of time. Relevant factors are shown in the table below.

For simplicity, the illustration takes no account of any contributions (whether employer superannuation guarantee or member additional voluntary) and shows only what the outcome might have been based on the stated assumptions for the starting superannuation balance shown.

The illustration is an estimate only and does not represent the actual outcome that would have occurred for any particular person. ‘Median retail master trust’ refers to a group of super funds that include those run by the big banks and the AMP. The details extracted are for the median of that group and do not relate to any particular fund. Past investment performance is not a reliable indicator of future performance. General advice warning

 

  NGS Super   Median Retail
Master Trust
Balance at start of period $80,000
Investment performance:
5yr return p.a. for balanced
investment option
(NGS: Diversified (MySuper))
6.73% [i]   4.93% [ii]
Admin fees p.a. $65 [i]   $78 [iii]
Insurance assumption:
premium p.a. for $490,000 life and
$130,000 TPD cover [iv], @ age 45,
constant each year;
no income protection cover
$460 [v]   $756 [v]
Estimated balances at end of period
(31 December 2018)
$107,591   $96,934
Difference between balances
(rounded to nearer $1000)
$11,000

[i] NGS Super average 5 year return as at 31 December 2018
[ii] SuperRatings credit rate survey of Dec 2018 – SR50 Balanced median for Master Trusts
[iii] SuperRatings benchmarking report 2017 – Page 113 – Fee component for Retail Master Trust Median
[iv] Default NGS Plus life and TPD insurance covers at age 45  – NGS Super insurance guide 1 June 2017
[v] Chant West’s Apple Check report 2018

Other assumptions used in the calculator: 

  • No employee superannuation guarantee, additional after-tax or pre-tax contributions

 

Consolidate now

55+ years of age

This illustration shows how a super balance of $100,000 five years ago might have grown to 31 December 2018 with NGS Super, compared to the same balance over the same period in a median retail master trust.

It illustrates that a number of factors (including investment performance, insurance premiums and fees) can combine to produce a meaningful difference in superannuation balance outcomes in different funds over a relatively short period of time. Relevant factors are shown in the table below.

For simplicity, the illustration takes no account of any contributions (whether employer superannuation guarantee or member additional voluntary) and shows only what the outcome might have been based on the stated assumptions for the starting superannuation balance shown.

The illustration is an estimate only and does not represent the actual outcome that would have occurred for any particular person. ‘Median retail master trust’ refers to a group of super funds that include those run by the big banks and the AMP. The details extracted are for the median of that group and do not relate to any particular fund. Past investment performance is not a reliable indicator of future performance. General advice warning

 

  NGS Super   Median Retail
Master Trust
Balance at start of period $100,000
Investment performance:
5yr return p.a. for balanced
investment option
(NGS: Diversified (MySuper))
6.73% [i]   4.93% [ii]
Admin fees p.a. $65 [i]   $78 [iii]
Insurance assumption:
premium p.a. for $50,000 life and
$40,000 TPD cover [iv], @ age 60,
constant each year;
no income protection cover
$320 [v]   $736 [v]
Estimated balances at end of period
(31 December 2018)
$136,144   $122,490
Difference between balances
(rounded to nearer $1000)
$14,000

[i] NGS Super average 5 year return as at 31 Dec 2018
[ii] SuperRatings credit rate survey of Dec 2018 – SR50 Balanced median for Master Trusts
[iii] SuperRatings benchmarking report 2017 – Page 113 – Fee component for Retail Master Trust Median
[iv] Default NGS Plus life and TPD insurance covers at age 60  – NGS Super insurance guide 1 June 2017
[v] Chant West’s Apple Check report 2018

Other assumptions used in the calculator: 

  • No employee superannuation guarantee, additional after-tax or pre-tax contributions

 

Consolidate now

Important things to consider

  1. Are your employer super guarantee contributions already being paid to NGS Super? If not, complete our Superannuation Choice Form and arrange for your employer to direct super guarantee contributions into your NGS Super account. If you don’t do this, your other fund may continue to receive money from your employer, and may set up another account for you.
  2. Check if you have insurance with your other fund. If you wish to apply to transfer your insurance to NGS Super, make sure you wait until we’ve confirmed acceptance of your cover before you rollover your super to us.
Superannuation Choice Form

Consider your insurance

Any insurance cover you have with your other superfund will cease when you move your account balance in that fund to NGS Super.

Transfer existing insurance

You may be able to ‘transfer’ your other insurance cover to NGS Super before consolidating your super balances. To apply, please complete our Insurance Transfer Form and wait for confirmation of acceptance of the insurance prior to requesting to consolidate your super balance.

To find out more read out Insurance Guide.

Important: In relation to any transferred cover;

  • NGS Super’s terms, conditions and definitions apply, and
  • you will only be able to claim in respect of health conditions that start after the date of transfer.

If you already have symptoms of a health condition that may result in a claim, it may be better to leave some money in your old super fund and keep your other insurance cover in force.

If you apply to transfer your cover, please wait until you receive confirmation that we have accepted your insurance before consolidating your super balance into your NGS Super account.

If you are concerned about this, please call us on 1300 133 177.

Insurance Transfer Form

What happens next

It takes approximately three to five business days to implement the transfer of your money to NGS Super.

Once the transfer is completed, you can view your combined funds by logging into your ‘Member Online’ account, then click on ‘Account Activity’ in the menu board. This transfer will be displayed as a ‘Rollovers / Transfers in’ transaction.
 

Rather not submit your details online? Try our eForm.

Download a Rollover/ Transfer Authority eForm. Please follow the four simple steps and return the completed form via mail to NGS Super. We’ll take care of the rest.

Talk to a financial planner

Get advice for every stage of your life

NGS Super members have access to qualified and non-commission based financial planners, including over-the-phone limited advice* about your account, at no additional cost.

Book now

Take advantage of NGS Super’s FREE seminars

Learn actionable ways to plan your financial goals and set yourself up for retirement later in life.

Need help?

If you would like to consolidate over the phone or have any queries please call us on 1300 133 177 (Monday – Friday from 8:00am to 8:00pm AEST / AEDT).

Important: This is general advice and it may not be right for you. See our General Advice Warning.
* Limited advice covers one or two issues in isolation on topics such as investment selection and contribution levels. It does not take into account the member’s entire financial situation.
^ Winner 2018 ChantWest Award for Best Fund: Insurance

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