| Find my Super
was Australia’s first web site committed to helping
Australians find their Superannuation accounts.
In that time over 200,000 people have registered for our
service.We have used the signed authority to search the
lost member register administered by the Australian Taxation
Office (ATO) and lost money registers administered by the
various state government agencies. In addition to this we
send the Authority to the major administrators of Superannuation
funds that manage most of the major funds. In some cases
we will locate accounts for members that have been transferred
to Eligible Roll Over funds (ERF’s) because the account
has been inactive for over 6 months.
We also send requests to Superannuation funds to update
fund details on behalf of our customers and confirm account
balances.
Awaiting confirmation can take up to 30 days so our search
is very comprehensive and detailed.
Launch of our new service. January 2006.
Be
cause we have been finding money for clients
multiple superannuation accounts is still the biggest problem
in the Superannuation Industry. It cost members and fund
managers millions of dollars in fees and is the major obstacle
in improving consumer confidence in the Superannuation Industry.
We are about to change that forever.
Find My Super will now find and consolidate your
Super for you.
You can choose any fund you wish or you can consolidate
you Super accounts into our default fund that is managed
by BT.
Find My Super provides a distribution
service to the BT Master Trust, "Super for Life".
As a conseque
nce, BT pays up to 0.67% p.a.of your funds
under management, as a platform payment to Find My Super.
This payment is derived from BT's product management expenses,
and does not represent an additional cost to you.
Please refer to Product Disclosure Statement (PDS) for full details about fees and commissions.
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