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Showing 1 - 10 of 104 results for "lost super"

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... Delahunty also noted that this reform would see workers super build real-time, alongside their wages, meaning less lost super and better outcomes in preparation for retirement. It would also encourage people to engage more regularly with their retirement ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... said. "This reform means workers will see their super build in real-time, alongside their wages. It will mean less lost super and better investment outcomes in preparation for retirement. We are sure that this change will encourage people to engage more ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... superannuation contributions sitting with the ATO and super funds. Of those, $471 million is owed to people aged over 65. Lost super is held by super funds where the member is either uncontactable, being that the fund has lost contact with the member ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The total superannuation found by First Nations Foundation on behalf of Indigenous Australians now comes in at $25.2 million. In 2023, the foundation reconnected First Nations people with $1.2 million, bolstering the total found. The superannuation ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... employer fails to make the required superannuation contributions. These workers rely on ATO intervention to recover lost super. However, the ATO is only able to recover a paltry 15% of owed superannuation. The government announced that it will invest ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
Targeting dodgy employers, the government is introducing new legislation to combat the underpayment of workers' superannuation. Treasurer Jim Chalmers announced that new legislation will be introduced to Parliament this week, focused on enshrining workers' ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... that they keep their contact details updated with both you and us, that you encourage them to check ATO Online for any lost super they might have, and hopefully we can work towards actually preventing the growth of this go forward," she said. Ellis also ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Former authorised representative Nizi Bhandari has been charged with engaging in dishonest conduct and providing unlicensed personal financial product advice. Between November 2017 and December 2020, Bhandari was an AR of The Australian Dealer Group ...

Active Super revamps digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 13 OCT 2021
... personalised functionality." Via the online portal, members will also be able to make additional contributions; find lost super; generate a Centrelink/DVA schedule; request payment of pension; view beneficiaries; review insurance; and switch investments. ...

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
... representative of Financial Masterplan. Vision Wealth established a website to attract clients by helping them find their lost super through the ATO's free service with Allan and Urrutia then using the results to provide clients with superannuation consolidation ...
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