Centrelink online account help - Update managed investments and superannuation details

Instructions on how to update your managed investments and superannuation details using your Centrelink online account.

 

The screenshots in this guide are from a computer. The screen layout will look different if you’re using a mobile device.

You need to tell us when your circumstances change. Then we can assess your eligibility for payments and services. This includes changes to managed investments and superannuation for you and your partner.

Read more about financial investments and superannuation, and how they can affect your payment.

Step 1: view managed investments and superannuation details

On the Income and assets summary page, select View/Edit details in Managed investments and superannuation.

Read Managed investments and superannuation explained, then select Begin.

The managed investments and superannuation details you’ve already told us about will display. They could be details about your:

  • investment and unit trusts
  • life insurance and friendly society bonds
  • margin loans
  • property development funds
  • self-managed super funds
  • funeral bonds
  • superannuation.

Select:

  • Home if you don’t need to make any changes
  • Edit to update managed investments or superannuation details and go to Step 2 for instructions
  • Delete to remove managed investments or superannuation details and go to Step 3 for instructions
  • Add to add new managed investments or superannuation details and go to Step 4 for instructions.

Step 2: edit managed investments or superannuation details

If you need to update any of your managed investments or superannuation, select Edit.

Select Begin to edit your managed investments or superannuation details. In this example, we’ll edit managed investments details.

If you need help, read the information with the question mark icon on each page.

Enter how many units you own. The amount you enter needs to be a whole number.

Then select Next.

Select the calendar icon and choose the date of the change. Or, enter it manually in the format of dd/mm/yyyy.

Then select Next.

Select Continue to save your changes and proceed.

The details you changed will show on the Managed investments summary page. Check the information to make sure it’s correct.

If you’ve entered the wrong details, select Restore to bring back your previous details.

To:

  • delete managed investments or superannuation details, go to Step 3
  • add new managed investments or superannuation details, go to Step 4.

If the details are correct and you’ve finished making changes, select Next.

Select Continue if you’re ready to review and submit your changes.

Go to Step 5 for instructions on reviewing and submitting your changes.

Step 3: delete managed investments or superannuation details

If you need to remove any of your managed investments or superannuation details, select Delete.

Select either:

  • OK to continue
  • Cancel if you no longer want to delete your managed investment or superannuation details.

Select Begin to continue.

Select the reason you no longer hold this investment from the dropdown menu.

Select Next to continue.

Select the calendar icon and choose the date you deleted your managed investment. Or, enter it manually in the format of dd/mm/yyyy.

Then select Next.

Select Delete to proceed.

The details you deleted will show on the Managed investments summary page.

If you’ve deleted the wrong details, select Restore to bring back your previous details.

To add new managed investment or superannuation details, go to Step 4.

If the details are correct and you’ve finished making changes, select Next.

Select Continue if you’re ready to review and submit your changes.

Go to Step 5 for instructions on reviewing and submitting your changes.

Step 4: add new managed investments or superannuation details

To add new managed investments or superannuation details, select Add. In this example, we’ll add a new managed investment.

Read Add managed investments and superannuation. You’ll need to give us documents to support your update.

Select Begin to continue.

Select the type of managed investment from the dropdown menu. Select Managed investment.

Select Next to continue.

Read Managed investment, then select Next.

Select What country is the investment based in from the dropdown menu.

Then select Next.

Select Yes or No to tell us if you know the Australian Pacific Investment Register (APIR) code.

If you select Yes because you know the APIR code, enter it. Then select Search to confirm it. We’ll prefill your investment details for you.

An APIR code has 9 characters and is a combination of letters and numbers.

Select Next to continue.

If you selected No because you don’t know the APIR code, enter the name of the institution or fund manager.

Select Next to continue.

If you selected No because you don’t know the APIR code, enter the name of the managed investment product.

Select Next to continue.

If you selected No because you don’t know the APIR code, enter the name of the product type or option.

Select Next to continue.

Enter how many units you own. The amount you enter needs to be a whole number.

Then select Next.

Select the dropdown menu and choose the investment Currency.

Then, enter the investment Balance.

Select Next to continue.

Select the calendar icon and choose the date of purchase. Or, enter it manually in the format of dd/mm/yyyy.

Then select Next.

Enter your and your partner’s share of ownership in whole numbers.

Then select Next.

Select Yes or No to tell us if you have a loan against this investment. Then select Next.

If you select Yes, you need to tell us the type of loan and its balance.

Select the dropdown menu and choose the type of loan.

Then select Next.

Select the dropdown menu and choose the loan Currency.

Enter the loan Balance. This is how much of the loan you have left to pay. Enter this amount in whole numbers.

Then select Next.

Select Continue to save your changes and proceed.

The details you added will show on the Managed investments summary page. Check the information to make sure it’s correct.

Select:

  • Edit if you need to make changes
  • Delete to remove your update
  • Add to add more managed investments or superannuation details.

If the details are correct and you’ve finished making changes, select Next.

Select Continue if you’re ready to review and submit your changes.

Step 5: review and submit

The Income and assets summary page shows updates that are ready to review and submit.

We’ll cancel your changes if you don’t submit them by the date we tell you.

Select either:

  • Cancel updates if you no longer want to update your details or need to start again
  • View/Edit details in another category to view or make changes.

To submit your changes, select Review and submit updates.

Select Begin to check your updates are correct.

We’ll give you a summary of the details you’ve given us.

Review each section to check your details are correct. If you need to make changes, select Edit Managed investments and superannuation.

If all the details are correct, select Next.

Read the declaration. If you understand and agree with the declaration, select I declare and understand that: then select Next.

Select Confirm information to save the information you’ve given us and continue. You won’t be able to make any changes to your answers beyond this point.

Before you submit your update, you may need to complete some extra tasks.

If you don’t need to complete extra tasks, go to Step 6 to get your receipt.

Select Begin to complete the additional tasks for your update.

These tasks will show as Required.

When a task is Required you must complete it before you can submit your update.

Select Upload for the task you need to complete. You’ll need to do this for each required task.

Read more about how to Upload documents with your Centrelink online account or the Express Plus Centrelink mobile app.

When you’ve completed the task, the status changes from required to Done.

If you’ve completed a task and you need to change it, select Edit.

When you’ve completed all required tasks, select Next.

If you’re ready to submit your update, select Submit.

Step 6: get your receipt

We’ll give you a receipt when you submit your update. Make a note of the Receipt Number for your records.

You won't be able make changes to any of your income and assets details until we finalise your updates. We may contact you to do this.

On this page you can select any of these:

  • Information you provided to view a summary of the details you’ve given us
  • Return home to go back to your homepage
  • Save receipt to keep a copy of your receipt.

Read our online guides on how to:

Step 7: sign out

From your homepage you can complete other transactions or select the myGov icon to return to myGov.

For your privacy and security, sign out when you've finished using your myGov account.

View other online account and Express Plus mobile app guides and video demonstrations about using your online account.

Page last updated: 6 October 2020