Information for super funds on the law changes for same-sex couple and their children. (more…)
Archive for the ‘Superannuation’
Super for same-sex couples and their children
Sunday - February 7th, 2010
Choice of super fund – meeting your obligations
Monday - January 18th, 2010Your employees can choose which super fund their superannuation contributions are paid into. (more…)
What is the superannuation guarantee?
Monday - January 18th, 2010A list of answered ‘frequently asked questions’ on super for employers. (more…)
Looking for your lost superannuation
Wednesday - November 11th, 2009SuperSeeker is a free online tool that will look for your lost superannuation in real time and instantly provide you with possible matches. (more…)
Government adviser calls for simpler super
Sunday - October 25th, 2009The head of an inquiry into superannuation has called for the industry’s simplification, including easier to understand fee structures and fewer and larger industry funds. The Federal Government’s super funds review is looking at the structure, operation and efficiency of Australia’s superannuation system.
The review’s chairman, Jeremy Cooper, has told ABC’s Inside Business he would prefer fee structures that are easier understand and compare.
But he says the Federal Government should not set fees and charges for funds as this would have unintended consequences.
“For example, if the Government said “superannuation can only cost a certain percentage per annum” what you’d find is the market would sit just below that percentage and would sort of cease to compete after that point,” Mr Cooper said.
Changes to super co-contributions
Monday - October 19th, 2009The super co-contribution matching rates for eligible personal super contributions have been temporarily reduced as part of the 2009 Federal Budget. (more…)
Super contributions: too much super can mean extra tax
Wednesday - September 30th, 2009Caps apply to contributions made to your super fund for a financial year. Any super contributed over the cap amount is subject to extra tax. The cap amount and how much extra tax you pay once you exceed it, depends upon whether the contributions are: (more…)
Superannuation Fund nomination
Wednesday - September 30th, 2009When the ATO collect a superannuation guarantee entitlement or when we are holding a super co-contribution entitlement for you, we seek to pay it to a superannuation fund account or retirement savings account (RSA) in your name. (more…)
Guide for employees – Reportable super contributions
Tuesday - September 8th, 2009Information about reportable super contributions and how they apply to the income tests for some tax offsets, the Medicare levy surcharge, and other government benefits and obligations. (more…)
Beware of promoters offering early access to super
Tuesday - September 8th, 2009Various plans offer access to your superannuation (super) savings before you retire. (more…)