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Superannuation
The Association of Superannuation Funds of Australia has welcomed the Government’s commitment towards increasing the superannuation guarantee to 12%....
Superannuation
Concessional contributions will see a $2,500 rise, non-concessional contributions a $10,000 rise, and a $100,000 rise for the transfer balance cap....
Superannuation
Who got left out of the Your Future, Your Super information matrix? According to the Tax Ombudsman it is the members themselves....
Superannuation
The top states with the most lost or unclaimed superannuation are NSW at $3 billion, and Victoria and Queensland both around $2 billion....
SMSF
Self-managed superannuation funds with limited recourse borrowing arrangements will not be penalised for capitalising interest as a result of COVID-19. ...
Superannuation
Last year, the Australian Taxation Office stopped $126 million being rolled into self-managed superannuation funds. ...
SMSF
Self-managed superannuation fund trustees need to consider non-arm’s length expenses rules and the new auditor independent rules as they some of the upcoming rules that a...
Superannuation
The Australian Taxation Office needs the ability to allow superannuation members to access their transfer balance account data outside its portal to curb confusion with t...
SMSF
Actuarial research house Rice Warner has reinforced its message to the Australian Securities and Investments Commission that the regulator needs to use up to date data an...
Superannuation
Around 700,000 Australians will receive a payment from the latest round of consolidating lost and small inactive super account balances before the end of the year, accord...
Superannuation
Businesses that missed regular superannuation guarantee payments can lodge a charge statement by 28 November, 2020, to avoid penalties. ...
Superannuation
The Australian Prudential Regulation Authority’s MySuper heatmaps are facing adjustment to accommodate the Government’s Budget proposals on superannuation fund performanc...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...