If you have an inactive superannuation account and a low balance, your account will be closed and transferred to the ATO from 9 April 2021. This is a requirement of the new ‘Protecting Your Super Package (PYS) legislation’.
How do I know if this affects me?
If you have an account balance that is less than $6,000 AND within the last 16 months:
- no contributions have been made to the account or
- the following actions have not been made:
- adjusted insurance cover
- switched investments
- nominated or amended a Binding Beneficiary Nomination
*Please consider your current situation before proceeding with any action.
Does this impact you? Take one of these simple steps
Take one of the below actions before 9 April 2021 to keep your account with Christian Super.
Other ways you can stay can include*: nominating or amending a Binding Beneficiary Nomination, switching investments, adjusting your insurance cover, or by asking your employer to pay your super into your Christian Super account.
*Please consider your investment performance, returns, fees, charges and cover of your current super fund/s before deciding to stay with Christian Super.
We’re here to help
Our Member Care Team is here to help you.
Phone: 1300 360 907, 9:00am – 6:00pm (AEDT) Monday to Friday