Everything you need to understand the process, check your insurance, and move your super with confidence.
Stockspot Super & Pension is offered as the Stockspot MDA on Super Simplifier. Before opening an account please read the Stockspot FSG, Stockspot Super & Pension MDA Guide, and the Super Simplifier PDS, along with other relevant disclosure documents including your personalised Statement of Advice (SOA) and Investment Agreement.
Applying online takes about 10 minutes. We then verify your details and complete your account setup, which usually takes 2-3 business days.
Start online and enter a few key details so we can recommend a portfolio suited to your age.
Complete your account setup so you can access your dashboard and next steps.
Have your ID, Tax File Number and current super fund details ready.
Before moving your super, review your current fund details and check whether any insurance could be affected.
Learn more about insurance with Stockspot Super
Begin the rollover process through your dashboard. From there, you can also manage contributions and employer details.
We guide you through the process and keep it as simple as possible.
Setting up an account usually takes 2-3 business days.
Once your account is set up, you can start the rollover process online via your Stockspot Super dashboard, through the ATO website, or directly with your current fund.
Yes. Once your account is active, you can manage your super details through the dashboard.
The most important thing to check is whether you currently hold insurance inside your existing super fund, as that cover may be affected if you switch.
You may also want to review your current fund details, contribution arrangements and whether you want to consolidate multiple super accounts. If you're planning to claim a tax deduction for any contributions made to your current fund, make sure you submit your notice of intent form and receive acknowledgement prior to lodging your rollover request.
You can book a call with the team if you'd like to talk through the process before getting started.
One of the key questions before switching super is insurance. The key is understanding your options before you move.
Keep your current cover
You may decide to keep the insurance you already have while you work out what makes sense.
Check what cover you currently have
Ask your current fund what happens if you roll money out
See whether you can keep or adjust your cover
Explore insurance from MetLife
Eligible Super Simplifier members can review factual information and use MetLife’s tools. If you choose to proceed after opening your account, you’ll apply directly to MetLife. Stockspot doesn’t provide insurance advice or distribute the insurance offered by MetLife.
Apply after your account is set up
Costs depend on your cover and circumstances
Check with your current fund before switching
Need administrative help?
Our team can help you find the relevant documents, access MetLife’s application and understand the administrative steps. We can’t recommend whether you need insurance, the type or amount of cover, or whether you should replace existing cover. If you require assistance in determining whether cover is suitable for you, you should seek an adviser authorised to provide such advice.
Understand what to check
Ask questions before rolling your funds over
Move at a pace that feels right
Once their Super Simplifier account is open, eligible members can choose to apply directly to MetLife for life, TPD or income protection cover. MetLife provides, assesses and issues the insurance. Stockspot provides administrative support only and doesn't provide insurance advice or distribute the products offered by MetLife.
If you already have insurance through another super fund, make sure you understand what will happen to that cover before rolling over your balance.
Make sure your new cover is active before closing an existing account.
The cost depends on things like your age, the type of cover you choose, how much cover you apply for and your personal circumstances.
Insurance through Stockspot Super may cost more than cover inside some large super funds. This is because large funds often use group insurance pricing across a broad member base, while Stockspot Super insurance is based on your own application, the cover you choose and your personal circumstances. The benefit is that cover is assessed more individually, rather than through a broad group structure.
You can use the premium calculator to get an idea of the cost before applying.
If you choose to apply, use the link in your dashboard to access MetLife's application. You're applying directly to MetLife.
MetLife assesses the application and decides whether to offer cover. Stockspot may provide administrative support if required. You can learn more details about the application process here.
Insurance generally doesn't transfer automatically between super funds. Before rolling over, check whether your existing cover will end.
If you want new cover, eligible Super Simplifier members can apply directly to MetLife.
For an individually arranged policy, contact the insurer or adviser who arranged it to ask whether premiums can be paid from your Super Simplifier account.
Want factual information about the process? Read about insurance available from MetLife through Super Simplifier. Stockspot can help with administrative questions but can't provide insurance advice.
Book your complimentary 30 mins consultation call now.
Our local team is here to support you every step of the way.
