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Showing 1 - 10 of 33 results for "Tax File Numbers"

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... employer, the member, and then administrators and trustees upon a successor fund transfer." He said, assuming tax file numbers (TFN) are correctly disclosed and inputted, you'd assume a solid starting point for good data. "So, you assume it must ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... that all Australians can take their super fund with them from job to job, just as they do with bank accounts and tax file numbers," Loane added.

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
... reporting indicators, the ATO said. This included lodging member contributions statements on time and reporting tax file numbers. Given the overall good quality of this year's results, the ATO said there was no need for audits or a large program ...

Financial services data breaches recorded

HARRISON WORLEY  |  FRIDAY, 13 APR 2018
... types of personal information involved in the breaches, which included contact information, financial details, tax file numbers and identity information. Financial details were involved in 30% of notifiable data breaches, including bank account details ...

Untouched super sits at $18 billion: ATO

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... of Taxation to pay unclaimed money to an individual's current, active superannuation account as the holding of Tax File Numbers - which are generally linked to super fund memberships - would make it quite easy for the ATO to do so. In a statement, ASFA ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
... handed over $1.5 million to fraudsters with about 2500 providing some form of personal information, including tax file numbers." Anderson said scammers locate genuine ATO numbers from the ATO website and project these numbers in their caller ID in an ...

ATO must reunite individuals with lost super: ASFA

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... information, to return unclaimed funds currently captured by legislated threshold transfers," Fahy said. "The holding of Tax File Numbers and other identifying information in regard to most superannuation accounts makes it relatively easy for the Commissioner ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
... away from today - particularly fund providers - please develop a communication campaign around getting those tax file numbers in."

APRA warns licensees warning about 3 day rollovers

ALEX DUNNIN  |  MONDAY, 22 APR 2013
... the Australian Taxation Office (ATO) developed SuperTIC service as their means for uniquely identifying member tax file numbers (TFNs). The requirements are part of the SuperStream reforms that have already passed through both houses of Parliament. The ...

Bluedoor launches SuperStream tech

LAURA MILLAN  |  WEDNESDAY, 6 MAR 2013
... superannuation industry by making the system easier to use. The measures include legislative changes to permit the use of tax file numbers as a primary search key, account consolidation and the ability to link personal and financial superannuation da ...
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