What happens to your super in a divorce?
January 22, 2020 1:53 pm Leave your thoughtsDivorce or separation can be emotionally draining and stressful as it is, but the legal and financial responsibilities you also... Read More
Categories for super
Updates to the unclaimed superannuation money protocol
January 15, 2020 11:29 am Leave your thoughtsThe Superannuation (Unclaimed Money and Lost Members) Act 1999 (SUMLMA), more commonly known as the unclaimed superannuation money protocol, has... Read More
SMSF schemes for illegal access of super
January 13, 2020 10:42 am Leave your thoughtsThe ATO has issued a warning for Australians to be aware of scheme promoters that promise to allow you to... Read More
Do you have insurance with your super?
January 9, 2020 10:30 am Leave your thoughtsMost super funds offer insurance as part of their super plan. It is important to be aware of what types... Read More
Proposed measures to increase retirement savings
December 11, 2019 11:03 am Leave your thoughtsCurrently, people aged 65 to 74 can only make voluntary superannuation contributions if they meet the ‘work test.’ This means... Read More
2019 Updates to the Pension Loan Scheme
December 4, 2019 10:45 am Leave your thoughtsChanges have been made to the Pension Loan Scheme (PLS) under the federal government that came into effect 1 July... Read More
Does your SMSF meet the sole purpose test?
November 27, 2019 9:45 am Leave your thoughtsIf you have a self-managed super fund (SMSF), then you need to meet the sole purpose test to be eligible... Read More
Super when you’re self-employed
November 25, 2019 7:44 am Leave your thoughtsIf you are a sole trader, or in a partnership, then you are not obligated to make super guarantee (SG)... Read More
Proactive consolidation with ILBAs
November 13, 2019 9:41 am Leave your thoughtsInactive low-balance accounts (ILBAs) are a new category account that needs to be reported and paid to the ATO. This... Read More
Commutation authorities for SMSFs
November 7, 2019 8:22 am Leave your thoughtsCommutation authorities are issued by the ATO when a member of a SMSF has exceeded their transfer balance cap. A... Read More