Your Super Mate

How long does a super rollover take?

Short answer

Three business days by law if both funds use SuperStream — which nearly all now do. Allow 5–10 business days in practice for edge cases or paper forms.

Since 2021, all APRA-regulated super funds must process rollover requests via SuperStream. The legal timeframe is three business days from when the receiving fund sends a valid request to the transferring fund.

Fastest way to do it

Log in to myGov → ATO → Super → Manage → Transfer super. The request is sent through SuperStream directly. Most members see the money hit the new account within 3 business days.

What slows it down

  • ID mismatches (name, DOB, TFN) between the two funds — the transfer gets paused
  • Insurance inside super that the trustee wants to confirm you understand you'll lose
  • Self-managed super funds (SMSFs) — checks take longer
  • Paper-form requests — can take 4+ weeks

Will I lose investment returns during the transfer?

Typically yes — the transferring fund sells down your units on the request day and sends cash. You are out of market for a few days. In a flat market this is minor; in a rising market you miss those gains. Don't time rollovers around short-term market moves.

Sources

Related

General information only — not financial advice. Super decisions are long-term; verify with a licensed adviser.