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gsmith1224(I'm new)I'm new
23 Jan 2024

Hi, I am new to Australia about to start working. How can I contribute to more than one super? For example if I wanted 80% of my contribution going to a balanced fund at company X, and 20% going to an international shares fund at company Y, is that possible?


I assume my company will put 100% into one fund at one company? If so do I have to do manual transfers myself? Is this allowed?


Thanks.

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4 replies
1,602 views
4 replies

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Bruce4Tax(Taxicorn)Taxicorn
23 Jan 2024

An allocation like that could probably done within your super fund, without the need for transfers.


You need to talk to your super fund about their investment options.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
23 Jan 2024

An allocation like that could probably done within your super fund, without the need for transfers.


You need to talk to your super fund about their investment options.


gsmith1224(I'm new)I'm new
23 Jan 2024

Thanks, so I would need to chose 2 funds within same company right? Assuming that one company allowed it.


I could not have contributions going to funds with different companies?

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