Lost and Unclaimed Superannuation

Opt-out super account consolidation initiative could save $100 million a year

An industry super fund initiative to consolidate multiple superannuation accounts on an opt-out basis will “cut through red tape” and could save eligible members an average of $260 a year in fees and insurance. Industry Super Australia announced that eighteen industry super funds, so far, were cooperating on a “collective… Read More »Opt-out super account consolidation initiative could save $100 million a year