Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 50 results for "Reunite"

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
Financial advisers will now need prior written consent each year from clients before deducting fees, while funds from Eligible Rollover Funds must now be reunited with members within 28 days. Two key pieces of legislation were passed yesterday: the ...

Aussies reunited with $1bn in lost super

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
Around $1 billion worth of lost and unclaimed superannuation has been reunited with its rightful owners. The Association of Superannuation Funds (ASFA) estimates 700,000 Australians will receive lost super after super funds have sent ATO's latest consolidating ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
Over half a billion dollars of unpaid superannuation has been reunited with workers, as employers take advantage of the amnesty period to "wipe the slate clean". About 24,000 employers have admitted to underpaying staff approximately $588 million in ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
The First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians. Taking off in July, the Indigenous-led super roadshow hit Darwin, Kununurra and Broome before heading to East Arnhem ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... non-concessional contributions capped at $100,000 per year to their super in a single year. "We have introduced new laws that reunite superannuation members with low balance or inactive accounts, scrapped exit fees and other excessive fees, and introduced ...

Christian Super launches reconciliation action plan

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... FS Super profiled Amanda Young, chief executive of First Nations Foundation which has been running Big Super Day Out to reunite Indigenous people with their super since 2014.

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... Boyle, who also spoke on the panel, said funds such as QSuper, HESTA and AustralianSuper have taken the initiative to reunite ATSI people with lost super, as well as raise awareness about identification procedures. It is not clear that this is happening ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
From chief executives to chief underwriters, risk advisers to mental health and consumer advocates, here are the stories of six women in financial services you should know about. Financial Standard has profiled six women from different parts of the ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... members under 25 and low balances or inactive accounts. The new legislation also aims to empower the ATO to proactively reunite people's unclaimed super, cap certain fees for low balance accounts and ban exit fees, he said. While he's reasonably ...

Lost super sits at $17.5bn

KARREN VERGARA  |  MONDAY, 15 OCT 2018
... million in lost and unclaimed across the state. Assistant commissioner Graham Whyte said one of the ATO's priorities is to reunite people with their lost super - which is spread across more than 6.2 million accounts. Whyte said people often lose contact ...