Having one account makes it easier to keep track of your super and choose it when you change jobs.
With just one account to keep track of, you'll have only one set of statements to read and file.
Tax Office figures show that over 14 million Australians have a super fund account and around 45% of these people have more than one super account.
Over one in ten have three super accounts and 8% have four or more super accounts.
If you’re self-employed and wish to claim a tax deduction for personal super contributions, you must lodge a notice of intent to claim a tax deduction with your original fund, before you combine your super into another fund.