Australians under 35 hold an average of 2.6 superannuation accounts, silently draining fees. A guided tool that verifies identity, locates lost accounts, and initiates ATO rollovers in minutes could save billions industry-wide.
$17.5B in lost super — 4.4M accounts with no recent contributions
ATO SuperSeeker API integration, identity verification, guided UX flow, rollover initiation
The ATO estimates there is over $17.5 billion in lost and unclaimed superannuation in Australia. Young workers who change jobs frequently accumulate multiple accounts without realising each one charges administration fees independently. The consolidation process exists through myGov but is confusing and underused. A clean, guided mobile experience that connects to the ATO API, surfaces all accounts, shows the fee drain in dollar terms, and initiates the rollover in one tap could capture significant engagement.
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