Overview of trend towards single accounts
As at 30 June 2025, over 14 million people had only one super account. This is around 79% of the super population.
Super is your savings for retirement. It is important to know:
- how much super you are getting
- what accounts you have
- insurance attached to each account.
Having multiple super accounts could mean you are paying unnecessary fees and charges. This can reduce your overall retirement income.
Manage your super accounts
Log on to ATO online services through myGovExternal Link to:
- see your fund details and any accounts you may have forgotten about
- transfer super from accounts you no longer use into your main account.
If you don't have a myGov account, you can create a myGov account and link it to the ATO.
Before transferring your super, check with your fund to see if you will lose any valuable insurance. For more information, visit ASIC's MoneySmart websiteExternal Link.
Individuals with multiple super accounts
As at 30 June 2025:
- just over 14 million individuals had one super account
- around 4 million individuals held 2 or more accounts.
The following 6 tables provide demographic information on these individuals.
Figures are based on member data reported by funds to us for the year ending 30 June 2025. Percentages have been rounded to the nearest whole number. As a result, totals may not add up to 100%.
Number of super accounts
|
Number of accounts |
Total individuals |
|---|---|
|
1 account |
79% |
|
2 accounts |
17% |
|
3 accounts |
3% |
|
4 or more accounts |
1% |
|
Number of accounts |
Male |
Female |
Unknown |
|---|---|---|---|
|
1 account |
79% |
79% |
82% |
|
2 accounts |
16% |
17% |
14% |
|
3 accounts |
3% |
3% |
3% |
|
4 or more accounts |
1% |
1% |
1% |
Number of super accounts by age and gender
|
Age |
1 account |
2 accounts |
3 or more accounts |
|---|---|---|---|
|
18 and under |
87% |
11% |
2% |
|
19 to 25 |
79% |
17% |
5% |
|
26 to 30 |
80% |
15% |
4% |
|
31 to 35 |
81% |
15% |
4% |
|
36 to 40 |
81% |
15% |
4% |
|
41 to 45 |
79% |
17% |
5% |
|
46 to 50 |
76% |
19% |
6% |
|
51 to 55 |
74% |
20% |
6% |
|
56 to 60 |
74% |
20% |
6% |
|
61 to 65 |
76% |
19% |
5% |
|
66 or over |
85% |
12% |
2% |
|
Age |
1 account |
2 accounts |
3 or more accounts |
|---|---|---|---|
|
18 and under |
87% |
11% |
2% |
|
19 to 25 |
78% |
17% |
5% |
|
26 to 30 |
81% |
15% |
4% |
|
31 to 35 |
82% |
14% |
4% |
|
36 to 40 |
81% |
15% |
4% |
|
41 to 45 |
77% |
18% |
5% |
|
46 to 50 |
74% |
19% |
7% |
|
51 to 55 |
73% |
20% |
7% |
|
56 to 60 |
73% |
20% |
7% |
|
61 to 65 |
77% |
18% |
5% |
|
66 or over |
86% |
12% |
2% |
Number of super accounts by region
|
State/territory |
1 account |
2 accounts |
3 or more accounts |
|---|---|---|---|
|
ACT |
77% |
19% |
5% |
|
NSW |
80% |
16% |
4% |
|
NT |
76% |
18% |
6% |
|
QLD |
73% |
19% |
8% |
|
SA |
77% |
19% |
4% |
|
TAS |
81% |
15% |
4% |
|
VIC |
82% |
15% |
3% |
|
WA |
78% |
18% |
5% |
|
Unknown* |
87% |
11% |
2% |
*Unknown refers to invalid and overseas addresses.
|
Number of super accounts |
2022 |
2023 |
2024 |
2025 |
|---|---|---|---|---|
|
1 |
76% |
77% |
78% |
79% |
|
2 |
18% |
18% |
17% |
17% |
|
3 |
4% |
4% |
4% |
3% |
|
4 or more accounts |
1% |
1% |
1% |
1% |
|
Individuals with 1 or 2 super accounts |
95% |
95% |
95% |
95% |
|
Individuals with 3 or more super accounts |
5% |
5% |
5% |
5% |
Check on your super
For step by step instructions on how to check for lost and ATO held super using ATO online services visit the super health check page or download the super health check (NAT 75486, PDF 204KB)This link will download a file.