$4.3 million rollover

industry-super-funds/cent/

4 August 2008
| By Sara Rich |

A new superannuation rollover campaign from AUSfund has resulted in $4.3 million being redirected to a number of retail and industry super funds.

The eligible rollover fund (ERF) targeted the largest account holders in its database of unclaimed super for permission to rollover their funds into active accounts.

The mail-based campaign received a response rate of 8.81 per cent, with the single largest transfer being $202,600.

The campaign took seven weeks to complete and AUSfund intends to conduct a similar exercise in 12 months time.

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