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Showing 31 - 40 of 62 results for "Tax File Number"

Industry backs MySuper reforms

MICHAEL HOBBS  |  MONDAY, 2 AUG 2010
Superannuation industry associations have welcomed the government's MySuper reforms but one industry body said more should be done to protect and encourage competition within the market. Pauline Vamos, chief executive at the Association of Superannuation ...

TFN should be member ID: Cooper

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
The Cooper Review has recommended tax file numbers (TFNs) become the primary super fund member identifier to improve member processing and make it easier for them to switch funds. The set of reforms called "SuperStream" is designed to improve back office ...

APRA contacts funds on rollover fraud

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
... information could be collected in the one division could help clamp down on these crimes. SPAA has also recommended tax file number be used as a compulsory verification code in addition to a bank verification process when opening an Australian Business ...

Make a pledge to grow your super

RUTH LIEW  |  MONDAY, 22 MAR 2010
The $7 billion HOSTPLUS has launched a new campaign encouraging members to "pledge to do one thing for their super" in an effort to rouse them to add more to their accounts. Wayne Sullivan, executive manager of marketing at HOSTPLUS, said the campaign ...

Angel in the detail: Cooper's cost cutting measures

MICHELLE BALTAZAR  |  TUESDAY, 16 MAR 2010
... point of 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 ...

Gen Y super members paying triple tax

RUTH LIEW  |  TUESDAY, 23 FEB 2010
... on those 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 ...

Improving admin could stop fraudsters: SPAA

MICHAEL HOBBS  |  THURSDAY, 26 NOV 2009
Self managed super fund (SMSF) administration processes need to be refined to ensure fraudulent rollover schemes are detected and stopped, according to one industry body. Andrea Slattery, chief executive at the SMSF Professionals Association of Australia ...

Higher fees, more cover: AustralianSuper

RUTH LIEW  |  TUESDAY, 17 MAR 2009
... to recovering lost super and more investment options, particularly cash or income-based. Last year, the fund's tax file number campaign saved members an estimated $15 million in tax last year - another key member service. In a separate development, AustralianSuper ...

Superpartners opens voice portal

RUTH LIEW  |  MONDAY, 2 FEB 2009
Superpartners is teaming up with call center provider Global Speech Networks (GSN) for a voice portal solution for its contact centre. According to Superpartners, the voice portal will allow members 24 hour access to common transactions such as checking ...

Indigenous Australians get fin lit boost

RUTH LIEW  |  TUESDAY, 9 DEC 2008
Senator Nick Sherry, minister for superannuation and corporate law, is meeting with Indigenous leaders and service providers in Far North Queensland and the Northern Territory to heighten residents' awareness of super and financial literacy. Senator ...