Changing Super Providers - Cost?

(Newbie)Newbie

17 Sept 2025

Hi there

I'm 54 and have approx 506,000 in an ING Super account (Living Super). It's self mixed (I choose the allocation (70% International Shares, 30% Australian Shares)).

I would like to transfer to a new provider (Australian Super), for reasons such as fees and ability to buy shares directly.

My question is... When transferring do I pay Capital Gains Tax? Is this a consideration? I would be reluctant to transfer if I costs me a lot of money.

Thank you for your help:) Greatly appreciated.

Cheers

Luna_Baby

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Bruce4Tax

(Taxicorn)Taxicorn

17 Sept 2025

You need to ask ING Super about that.

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Luna_Baby

(Newbie)Newbie

18 Sept 2025

Hi Bruce4Tax

Thank you for the response. I've asked ING and they said 'No'. I've asked here so I can get get another opinion and maybe an understanding of what happens in this situation or at least what to be aware of. I find talking to ING can be a bit confusing and does not fill me with confidence, just keen to tray and avoid a mistake.

If is there anything you think I should specifically ask? Or can such a change in provider ordinarily prompt CGT? Thanks again for your help.

Cheers

Luna_Baby

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Changing Super Providers - Cost?

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