Too many fees can really eat into your super

Conventional wisdom suggests that when it comes to investing, it's wise not to have all your eggs in one basket. But when it comes to super funds, the opposite is true.

Why? Because if you've changed jobs over the years, you probably have super scattered around in different super funds, set up by your various employers.

The problem is you're paying fees and charges in each of those funds which are eating away at your retirement. And these fees can really add up.

To stop wasting money on multiple fees and charges, why not move all of your super into one super fund*. As a member of Local Government Super, you get competitive investment returns, some of the lowest fees around and a range of other member benefits.

To consolidate your super with LGS today simply complete and return the Transfer-in Authority form or call us on 1300 369 901 for more information.

* In general, consolidating your super is a good idea but there may be exit fees involved or you may have insurance with your previous fund which might not be available at the destination fund. To check on this, you should contact your old funds or seek advice from one of our financial planners.