Govt enhances SuperSeeker

funds-management/australian-taxation-office/super-fund/federal-government/ATO/

28 February 2013
| By Staff |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 6 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND