As Australia’s borders reopen, it’s also time to prepare your super to take flight.

If it hasn’t been front of mind for you over the last little while, don’t worry – we’ve been taking good care of it for you, with three of our investment options named the top performing options in their respective categories over the 2020/21 financial year by leading independent research house SuperRatings.

If you’re preparing to come back to work or have recently returned, here are a couple of quick things you can do to dust off your super account and make sure it’s in good shape.

Bring your super home

We know a lot of our members took secondary employment over the last 18 months, spreading the Qantas spirit everywhere from vaccination centres to supermarkets, public transport networks and more.

If your second employer was paying your contributions to a different super fund, you can easily bring your super home to a top performing fund by combining your super online.

By combining all your super into one account, you could save on fees and charges. This means more of your money stays invested in the super system, growing over time to support your future savings and lifestyle.

Simply log into your account to search and combine your super in a couple of minutes. Before you combine, it’s important to check whether any insurance cover you have with other funds will be affected.

Did you know?

According to the ATO, Australians had $13.8 billion in lost and unclaimed super as at 30 June 2020.

Lost and unclaimed super can include money spread across long-forgotten super accounts from old jobs, and small balances that have been transferred by super funds to the Australian Taxation Office (ATO).

Review your super contributions

If your working situation changed through the pandemic, your super account may not have received the amount that would otherwise have been contributed in a normal year, whether by your employer or through your own voluntary contributions.

As you return to your regular working schedule, this could be a good time to think about whether you’re in a position to top up your super with some of the contributions you may have missed. You can make contributions from either your post-tax salary, or your pre-tax salary.

Remember, if you previously had an agreement with payroll to have voluntary contributions deducted from either your pre- or post-tax salary, this will automatically re-start when you return to work at the Qantas Group. You may want to review this agreement to make sure it still suits your current needs, and adjust accordingly.

Watch this short video to learn more about contributing to your super:

You can book a one-on-one chat with a Super Adviser to work out whether topping up your super is right for you.

Review your investment options

The way your super is invested can have a significant impact on your balance at retirement, so it’s important to make sure your investment options meet your changing needs and lifestyle goals.

In particular, if you switched your options earlier on in the pandemic in response to volatility in the market, now could be a good time to review them again to ensure they still work for you.

You can learn more about our investment options online – and in case you missed it, we recently added a new option to the family, introducing our new low-cost option Thrifty on 1 July 2021.

You can review and switch your investment options at any time by logging into your account. And a Super Adviser can help you review your investment options and determine which may be right for you.

Re-contribute early access withdrawals

2020 was a difficult year for many Australians. Over 3.5 million people accessed their super via the government’s early withdrawal scheme.

If you withdrew money from your super through the government’s COVID-19 early release scheme and have found you didn’t end up needing some or all of it, the ATO will now allow you to re-contribute what you withdrew back to your super without penalty.

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We're here to help

If you need help with making a decision about your super, you can get simple advice over the phone or face to face. It’s included as a part of your membership so there’s no extra cost.