Managing your superannuation transfer balance account
Most people think of retirement as a time to put your feet up and relax, but it can also be a time when pre-retirees and…
Superannuation – General
Read MoreManaging your superannuation transfer balance account
Taking advantage of the superannuation guarantee amnesty may have one last hurdle
At the time when the superannuation guarantee amnesty measure ran its course (it expired 7 September 2020), the Assistant Minister for Superannuation Jane Hume reported…
SG penalty remissions: How not to trip up, post-amnesty
The ATO has published draft law administration practice statement PSLA 2020/D1 – remission of additional superannuation guarantee charge. With the SG amnesty now expired, so…
Has your super fund got you covered for insurance? With COVID-19, maybe not
From 1 July 2019, the government adopted new rules that aim to prevent the unnecessary erosion of people’s retirement savings through inappropriate insurance arrangements. As…
Super early release and re-contributions: Tempting, but beware
There are no restrictions on how the money released under the new coronavirus compassionate ground early release scheme is spent. This means that an eligible…
COVID-19 Super early release
Early release from super a relief, but comes with risks The government is allowing the early release of superannuation and a temporary reduction in minimum…