Govt enhances SuperSeeker
The Federal Government has announced the upgrading of its online SuperSeeker tool.
The upgrade was announced by the Minister for Financial Services, Bill Shorten, who said as well as allowing people to request the transfer of their super accounts online, SuperSeeker would now let them transfer online any super money held by the Australian Taxation Office (ATO) to a super fund of their choice.
"SuperSeeker can help people find their lost money so they can enjoy it in their retirement," the minister said.
Shorten said Australia had over $17 billion in lost super and around 3.4 million lost super accounts, with an average value of $4,800 per super account.
"People are encouraged to register and create a secure login to make the most of the online services available," he said.
"Once registered, people will be able to see the super accounts that they have contributed to in the previous two financial years, as well as super money held by the ATO."
He said they would continue to be able to check for any lost super accounts reported to the ATO, and request a transfer of funds to consolidate accounts using an online form.
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