Protecting your super

Changes to all super funds

There have been some superannuation legislative changes that may impact your Cruelty Free Super account. From 1 July 2019, if your balance is below $6,000:
  • The total of administration fees, investment fees, and indirect costs charged on your account will be capped at 3% per annum.
  • And if your account has been inactive for 16 consecutive months, we are required to transfer your account balance to the Australian Taxation Office (ATO) to hold on your behalf.
Exit fees will no longer be charged!

Staying with Cruelty Free Super

Staying with Cruelty Free Super gives you access to these benefits:
  • Fee discounts – zero fees for balances under $1,000 and fee discounts for balances under $5,000,
  • Find old and lost super funds with our ‘Super Search Party’ *.
  • Bring your super with you when you change jobs with our prefilled super choice form, and
  • A fully featured app which lets you keep track of your money.
* Note: this service uses the ATO’s SuperMatch system, which is currently unavailable, speak to our Member Services Team for help transferring your funds.

What happens to inactive accounts?

If you don’t take any action to make your account active, your account balance will be transferred to the ATO to hold on your behalf, once your account has been ‘inactive’ for 16 consecutive months.
The ATO has 28 days after receiving your account balance to reunite you with your money via an active superannuation account in your name, so long as the active account will hold a balance of greater than $6,000. If the ATO can’t locate an active super account for you, it will continue to hold on to your account balance on your behalf.

More questions - we’re here to help

If you have any questions about keeping your account active with Cruelty Free Super, please contact us on or email us at .
You may also want to speak to an independent financial adviser to get advice on whether your super account is right for you.