Lost Super Enquiry
Finding Your Aussie Lost super has never been easier!
Soon New Zealanders will be able to repatriate up to billions of dollars of locked in Australian retirement funds.
You can request the service by filling out our lost super search form.
- Since 1992, if you have worked in Australia and contributed to the Australian Superannuation Guarantee (ASG) System, employers have had to contribute 9 percent of wages into a locked-in retirement savings account under ASG. New Zealanders who have worked in Australia and accumulated compulsory pension contributions under the ASG are currently unable to repatriate their savings to New Zealand before reaching Australian age of retirement.
- With the advent of KiwiSaver, the New Zealand and Australian governments have judged KiwiSaver as mutually compatible with the ASG, allowing savers to transfer their accounts between countries. Legislation will not be introduced until later in 2009, so you will not be able to transfer right now to your KiwiSaver. By getting ready early will make it easier when the time comes.
But, what if I have lost my Aussie Super?
One in three Australians have lost or have unclaimed superannuation savings. There is an estimated AUD$15 billion sitting in holding or eligible roll-over funds in Australia of which it is estimated that up to 25% of these funds could belong to New Zealanders who have now returned home.
It could be as simple as changing jobs, had multiple jobs at the same time, you changed your address, or your name. When a regular super fund can no longer locate you, they may transfer your super to an Eligible Roll-Over Fund.
Australians have been encouraged over the years to find "lost" superannuation with a number of online search engines including the Australian Tax Office (ATO). With these changes, once you locate your "lost super", you will ultimately be able to transfer it to KiwiSaver.
As legislation will not be introduced until later in 2009, you can't transfer right now to your KiwiSaver. But.... You can be proactive and get sorted by tracking down any Australian Super funds that you have lost track of by using our FREE service called Super Tracker.
Tracking down your super is easy using our Aussie Super Tracker!
You can request the service by filling out our lost super search form. Simply enter your:
• Tax File Number
• Full Name
• Date of Birth
• Address and email address - to see if there is a possible account matching your details.
This is a no obligation service and there is no charge to you. We will contact you to let you know the outcome and discuss your options.
What if I don't have lost or unclaimed super?
Unlike KiwiSaver, in Australia you can have multiple super funds. It may be appropriate for you to consolidate your entire super into one fund. This will result in paying just one set of fees and charges which could save you money and will make managing your super easier. Alternatively you may have one super fund that you do not have the information on at your finger tips. Our online reporting system provides you with all the information that you require. Click here for further details