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North Queensland councillors battle to raise lost superannuation awareness

Posted on 20/07/2018 by SuperUser Account in whatsnew LGIAsuper
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North Queensland councillors have battled it out in a physical crash-course to raise awareness in the Townsville community about lost superannuation. Representatives from Townsville City Council, Burdekin Shire Council, Whitsunday Regional Council and Charters Towers Regional Council ‘trained like a Cowboy’ over two days at Cowboys HQ to battle it out for the coveted LGIAsuper trophy...

North Queensland councillors have battled it out in a physical crash-course to raise awareness in the Townsville community about lost superannuation.

Representatives from Townsville City Council, Burdekin Shire Council, Whitsunday Regional Council and Charters Towers Regional Council ‘trained like a Cowboy’ over two days at Cowboys HQ to battle it out for the coveted LGIAsuper trophy.

Teams participated in physical challenges and were quizzed on superannuation account best practices to contribute to their team’s overall standing.

LGIAsuper’s new CEO Kate Farrar lead the gruelling training sessions, with a little help from Cowboys training staff, to determine which council would become “Champions of the North”, all in the name of raising awareness about consolidating superannuation.

”It’s understanding that everyone needs to be both physically and financially fit,” Ms Farrar said.

“This is something that will help raise awareness to avoid lost super in the community, and that will absolutely be a win for everyone.”

The challenge came as new data indicated Townsville residents were losing millions of dollars in fees and charges by holding multiple superannuation accounts.

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