Reuniting Australians with more lost superannuation
Australian Treasury The Morrison Government has today passed legislation that will reunite Australians with more of their lost superannuation. The Treasury Laws Amendment (Reuniting More Superannuation) Act 2021 requires that accounts transferred from Eligible Rollover Funds to the ATO will, where possible, be proactively reunited with a member’s superannuation account, or directly with the individual where eligible, within 28 days. This will remove large numbers of duplicate superannuation accounts from the system. By reuniting these lost accounts with their rightful owners, Australians wi...
Source: miragenews.com