If you change your job or are made redundant your employer will notify us of your change of employment status.
Your insured Death and TPD benefits will automatically be reinstated once you have been transferred to the Personal Division of Russell SuperSolution. Any income protection insurance will cease on transfer. If you are in this situation, it is a good time to:
- Consolidate superannuation accounts
- Review your insurance cover
- Review your investment strategy
- Arrange for superannuation contributions from your new employer to be directed to your Russell account
We have a range of education materials available to help you, including a webcast on 'Redundancy and your super'.