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Showing 11 - 20 of 28 results for "TFN"

Treasury targets $18.8bn in lost super

ELISE BURGESS  |  MONDAY, 7 FEB 2011
... assistant treasurer and minister for financial services and superannuation. Currently, super members can opt to provide their TFN to their chosen fund, although it is not able to be used as the primary identifier of their accounts or to assist with consolidation ...

Industry backs MySuper reforms

MICHAEL HOBBS  |  MONDAY, 2 AUG 2010
... executive at the Association of Superannuation Funds of Australia (ASFA), said the government's decision to use tax file numbers (TFN) as the primary identifier will benefit thousands of super members. The move means the super funds can use TFNs to identify ...

ASFA Awards recognise top comms strategies

MICHELLE BALTAZAR  |  MONDAY, 26 JUL 2010
This year super funds created some of the best and brightest communication strategies to come out of the industry in recent years, with the aim of reaching out to members without the super mumbo-jumbo. More than 150 attendees, mostly senior marketing ...

TFN should be member ID: Cooper

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
... recommends changing legislation to force employers to provide the full name, current address, birth date, mobile phone number and TFN of employees to the nominated super fund or clearinghouse. If the employer fails to provide the data, the panel recommends ...

Angel in the detail: Cooper's cost cutting measures

MICHELLE BALTAZAR  |  TUESDAY, 16 MAR 2010
... truth' or an industry standard on what set of data every member is identified by. For example, a person's Tax File Number (TFN) could be a key identifier while another main data category could be their mobile phone number. By standardising data sets ...

Gen Y super members paying triple tax

RUTH LIEW  |  TUESDAY, 23 FEB 2010
... three little words. More than 300,000 members within REST's 18 to 30 age group have not provided their tax file number or TFN. Not a big deal until you find out that those who don't give their TFN risk paying 46.5 per cent tax on their employer contributions ...

Plum cuts missing TFNs by 11pc

MICHAEL HOBBS  |  THURSDAY, 14 AUG 2008
Plum Financial Services' tax file number (TFN) campaign has proven successful, cutting the number of outstanding TFNs among its active members by 11 per cent to less than one per cent. The campaign, which began in May, resulted in the number of outstanding ...

REST targets member TFNs

RUTH LIEW  |  THURSDAY, 26 JUN 2008
... $14 billion super fund for the retail industry, helped at least 200,000 of its members avoid paying undue tax under the 'No TFN Tax' ruling, and hopes to help 60,000 more through an internal TFN reporting drive. Under the 'No TFN Tax' ruling, super fund ...

TFNs available online: ING

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
By July this year, ING Australia will allow Employer Super clients to send tax file numbers (TFNs) electronically for employees that select a choice fund. The enhancement to ING's online Clearing House capability ensures employers can transfer contributions ...

Non-TFN tax attack

MICHAEL HOBBS  |  WEDNESDAY, 5 DEC 2007
The 31.5 per cent tax penalty to be applied to super funds without member tax file numbers (TFN) risk massively damaging the retirement incomes of members who either don't know about the rule change or who can least afford the tax hit. Raising the dire ...