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Showing 41 - 50 of 107 results for "lost super"

Untouched super sits at $18 billion: ATO

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... the Australian Taxation Office show more than 6.3 million lost and ATO-held super accounts, with $14.12 billion of lost super being held by super funds and a further $3.75 billion of unclaimed super being held by the ATO - up from $3.2 billion last year. ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
A Superannuation Guarantee Taskforce is being established to crackdown on employers which fail to meet SG obligations and potentially short-change employees from their super. Federal Minister for Revenue and Financial Services, Kelly O'Dwyer, said the ...

ATO must reunite individuals with lost super: ASFA

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
A peak superannuation body is calling on the federal government to increase its responsibility in reuniting Australians with millions of dollars in unclaimed super. In a pre-budget submission Association of Superannuation Funds of Australia (ASFA) chief ...

ASIC takes Westpac to court

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... telephone campaigns, are designed to assist Australians in maximising their retirement savings, with the amount of lost super down $7 billion in 2016 from $21 billion in 2011. BTFG chief executive Brad Cooper said these campaigns involve existing customers ...

Industry fund recovers millions in lost super

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2016
An industry superannuation fund recovered more than $5 million in lost super for members in the three months to September 2016. Vision Super reunited 236 of its members with lost super in the quarter and consolidated multiple accounts of 85 members ...

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
... payments from their employer, compared with 23% of 50 to 54-year-olds. She said if this continued to go unchecked, lost super earnings could reach $66 billion by 2024. Gallagher added this would not only put significant further demand on the age pension ...

Super gets reality check on engagement

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
... them and it wouldn't be worth the money. For all the good work that's been done to encourage consolidation and find lost super, before any of those messages can make sense to people, we've got some basic problems to address." Of surprise to Kirkland ...

Lost super campaigns have much further to go

MARK SMITH  |  TUESDAY, 21 JUN 2016
Despite engagement campaigns by numerous super funds helping members unearth lost super, $13.5 billion across 1.289 million accounts still remains in limbo, according to figures released by Westpac. In its 2016 Westpac Lost Super Report, the bank said ...

New standards for member engagement

DARREN SNYDER  |  MONDAY, 8 FEB 2016
... advice from Decimal sets a new benchmark for core super account services," Webster said. He added the success of the lost super and super rollover campaigns over the past two years has led funds to develop a "grow your super" approach to individual member ...

Vision Super calling all low balance members

DARREN SNYDER  |  TUESDAY, 24 NOV 2015
... superannuation guarantee payments moved. "We will also offer free super searches, where we will go out and look for any other lost super accounts, and bring it altogether," Rowe said. "Funds need to be proactive and assist members to consolidate their ...