Super fund categories and what they mean
There are four different categories of super funds. These have different primary features and are more applicable to certain people than they are to others.
There are four different categories of super funds. These have different primary features and are more applicable to certain people than they are to others.
An annuity provides guaranteed income for a number of years, or for the rest of your life. It is also known as a lifetime or
The market for super funds is extremely competitive. Scammers take advantage of this by promising unrealistic benefits to acquire personal or account details. They are
Consolidating your super can save you time and money. Consolidating your super means that rather than having multiple different accounts, all your super is in
Choosing a super fund requires taking multiple things into consideration. Such as its performance, the fees you will be required to pay, details of the
Most super funds offer insurance as part of their super plan. It is important to be aware of what types of insurance you are covered
One of the most effective ways to add to your super balance is through salary sacrifice. Salary sacrifice involves the employee agreeing to exchange a
An amnesty scheme which ended earlier this month has caused around 24,000 businesses to admit to underpayment of their worker’s super. A total of 588
Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equation can raise even more
© Allan Accounting & Tax Solutions 2019.
Liability limited by a scheme approved under Professional Standards Legislation