Rollover your super

Do you have 2 health insurance policies or 4 gym memberships?
You don't need multiple super account either.

One-third of working Australians have more than one super fund* and this means we are: possibly paying unnecessary fees and eroding our potential retirement saving having to manage multiple accounts and sets of paperwork losing track of our super at an alarming rate – Australians have over $11 billion of lost super** cutting down 20,000 more trees than we have to because of all the paperwork we get sent.

Having multiple super accounts may be eroding your retirement savings. Australians pay $1-2 billion a year in unnecessary super fees because we have multiple super funds.*

Most of us don’t think much about our super but these are facts that we can’t afford to ignore.

Around 30% of working Australians are not saving enough to achieve a comfortable retirement.^*

So what can you do about it?
Consolidate your super into your ING account. By having all your super with ING you can:

• Keep tabs on exactly how much super your have
• Easily change your investment options online as your needs change
• Access helpful educational material so that you can take control of your super
• Go into the draw to win $5,000 in cash if you consolidate your super before 31 March 2009.

Rolling over your super to ING is as easy as 1, 2, 3.
1) Fill out a Rollover Form for each account you want to rollover.
2) Provide Certified Proof of Identity for each rollover form
3) Send the form and proof of identity to ING Life Limited, Reply Paid 5113, Sydney NSW 2001

Once we have received your form and proof of identity we will track down your accounts and manage the process for you.

*Choice (2006) The Super Secret: How multiple accounts cost consumers billions
** Page 140, Commissioner of Taxation Annual Report 2006-2007