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Partial transfer of super between funds

Discussion in 'Superannuation, SMSF & Personal Insurance' started by calvinhobbes, 13th May, 2011.

  1. calvinhobbes

    calvinhobbes Member

    Joined:
    7th Oct, 2010
    Posts:
    20
    Location:
    Brisbane
    Is it possible to transfer a part of the amount from say Super Fund A to Fund B.

    I am trying to open a Colonial First State Super account and transfer funds to it from QSuper. But I do not want to transfer the whole amount.

    Cheers.
     
  2. Superman

    Superman Well-Known Member

    Joined:
    6th Nov, 2007
    Posts:
    343
    Location:
    Gold Coast, QLD
    Hey Calvin,

    If eligible, you can do a part transfer.

    Use this form (PDF).

    Use option 3 at part D to enter the 100% or dollar value of what you want to transfer to Colonial.

    The big thing with QSuper is ensuring you are actually eligible to transfer funds out full stop, which you can typically only do if you leave employment with the Queensland Government, or the amount was previously transferred to QSuper from another fund sometime in the past.

    Hope this explains.

    SM