Find Lost Super,lost super,Superannuation Funds,Super Funds,Superannuation Services

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Lost Super Find Lost Super
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What is superannuation?

• Superannuation or super is a way of saving to
  provide an income during retirement.
  Superannuation funds have an advantage over
  normal savings accounts because they pay less
  tax.
• Tax benefits are also available to people when
  they access their superannuation in retirement.
  Many people rely on the Age Pension in
  retirement, but this may not provide enough for a
  comfortable retirement. The amount you receive
  usually depends on how much has been contributed,
  how long it has been in the account and the rate
  of interest earned by the account, and fees.
• Unless the clients on a tax rate lt15.

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Insurance provided by superannuation

• Many superannuation funds provide insurance and
  the premiums are paid for with your
  superannuation savings. Insurance cover is for
  death, disability and income protection. Should
  your account balance not be sufficient to pay the
  insurance premiums your cover may be cancelled.

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Types of Super Funds

• Superannuation savings can be held in many
  different types of superannuation funds. Some are
  set up by individual businesses, some by
  industries and others by major financial
  institutions such as life insurance companies.
  The fund may have private entry or it may be open
  to anyone qualified to contribute to
  superannuation. They may have fancy names and
  shortened names but they all hold superannuation
  money. Some different types of funds include
• Industry funds, e.g. Retail or Health industry
  fund
• Corporate funds, e.g. The HTR Company fund
• Public Sector funds for government employees
• Master trusts for individuals, e.g. The Small
  Superfund for Sam Smith
• Self managed funds, e.g. The Julie and James
  Ralph Superfund.

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Employers Fund

• Some employees can choose their own
  superannuation fund while others are required to
  join the fund that their employer regularly
  contributes to. Your employer may be required to
  contribute to a particular fund because of an
  industrial award or your employer may already
  have a private fund set up.
• Small Super accounts
• If an account has 1000 or less in it, it will be
  protected by law from being reduced by fees.
  The law does this by not allowing the fees to be
  greater than the interest earned by the account.
  Funds that do not wish to protect the account
  must transfer the account to another fund that
  will. The account holder or member should be told
  that this has been done. If the fund is unable to
  contact the member, the member will have to be
  listed with the ATOs Lost Members Register.

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How does super become lost?

• If youve changed jobs, address or your name and
  not updated your details with your super fund
  then the super fund may not be able to find you.
  Your super may sit unclaimed in the super fund
  for years or be transferred to an eligible
  rollover fund.

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Contact us for taking life insurance through
super funds

• Contact Us
• Suite 303, 685 Burke Rd
• Camberwell VIC 3124
• Phone 1300 1SUPER (1300 178 737) or 03 8080 5810
• Fax [phone]
• Email info_at_onesuperfund.com.au
• Website http//onesuperfund.com.au/