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Showing 71 - 80 of 107 results for "lost super"

SG needed to save retirees: Shorten

ALISON BEVEGE  |  TUESDAY, 29 MAR 2011
Thousands of 100-year-old baby boomers will live out their last days in poverty unless superannuation changes are passed, Assistant Treasurer Bill Shorten has told delegates at the Conference of Major Super Funds. Minister Shorten, who flew to the Gold ...

Treasury targets $18.8bn in lost super

ELISE BURGESS  |  MONDAY, 7 FEB 2011
Draft legislation released by the Treasury on Friday has called for submissions regarding the use of tax file numbers (TFNs) on superannuation funds, a motion receiving mixed responses from the industry. The draft proposes to assign TFNs to identify ...

One in five ignore super accounts

MEDIA RELEASE  |  TUESDAY, 21 SEP 2010
... REST Super chief executive, Damian Hill points out that not only are people missing out on thousands of dollars in lost super - but their retirement nest eggs are eaten up through unnecessary fees and charges imposed by multiple funds. The fund is encouraging ...

Simpler, faster, cheaper rollovers: IFF

RUTH LIEW  |  MONDAY, 24 MAY 2010
... processing and payment times, ensure data is handled with greater accuracy and make it easier for investors to find any lost super. "The scheme also has the added benefit of driving greater efficiencies in processing payments allowing participating funds ...

Make a pledge to grow your super

RUTH LIEW  |  MONDAY, 22 MAR 2010
... included a pledge card, which targets these," said Sullivan. The six areas targeted by the fund are consolidation, lost super, tax file numbers, investment choice, co-contribution and setting up a "SuperSite" account online. The magazine campaign is ...

Cash for Christmas

COMPANY RELEASE  |  FRIDAY, 4 DEC 2009
... accounts with $200 or less are now allowed to cash out their account. Previously the money was either maintained in lost super or eligible rollover accounts until the owner reached 65 years. Of course any amount above $200 must stay in super until retirement. ...

Rising risks in liquidity

MICHELLE BALTAZAR  |  THURSDAY, 12 NOV 2009
Member investment choice (MIC), Lost Super and the 30-day portability rule are just three of many "hidden" variables that further complicates liquidity risk management for many super funds, said Howard Rosario, chief executive of Westscheme. Speaking ...

Minimum balance dropped for BOC Super

RUTH LIEW  |  MONDAY, 27 JUL 2009
... staying with the fund once an employee leaves BOC Limited. The new threshold will also see BOC Super slash the number of lost super accounts - those with less than $10,000 but more than $5,000 - transferred to its eligible rollover fund, AMP Eligible ...

One fund to fight lost super

RUTH LIEW  |  MONDAY, 29 JUN 2009
Eligible rollover fund AUSfund is calling for the creation of a single ERF to combat lost super as "structural efficiencies" and high fees continue to hamper the system. AUSfund, which has HESTA, AustralianSuper, CBUS and HOST-PLUS among its clients ...

SuperTrace wins Heron award

COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
The SuperTrace Eligible Rollover Fund (SuperTrace) has received a five star quality rating from the Heron Partnership for the second consecutive year. Independent superannuation consultancy The Heron Partnership once again awarded SuperTrace, part of ...