A defined benefit superannuation supplies a fixed, predetermined benefit depending on various factors, but it is not dependent on market performance. Specific factors include the number of years the person was employed with the company, the employee's salary, and the exact age at which the employe...
Do You Have the Power to Make Decisions on Superannuation Investments? The power to make decisions on the investments in a superannuation is usually considered control and causes a superannuation fund to be a foreign grantor trust. As such, any fund where you have this type of control, like ...
A mini statement can also be collected by giving a missed call to a number communicated to you by your bank. Here are the steps to be followed. Find your bank's assigned missed call number to get a mini statement. Send a missed call to the number. Check your phone for an SMS with ...
Superannuation funds Additionally, where an APRA-regulated entity's information assets are managed by a third party, the requirements in CPS 234 also apply to those information assets. CPS 234 mandates that third-party vendors processing data from APRA-regulated entities also adhere to the regulation...
What does a next-generation platform look like? The practical approach to pursue an all-in-one model combined with additional best-of-breed functionalities was top of mind for delegates. For example, if we consider superannuation funds, there has been a significant movement within the industry to...
Superannuation Choice Income TTR Income Employers Open a super account How to open a super account It’s easy to become one of our 3.4 million members1. Join Australia's largest fund today2. Follow the steps below so we can help you get ready with the things you need to complete...
A Tax File Number identifies you for tax and superannuation purposes. Find out how to apply, the different types of TFN and what to do if you lose it.
Real estate isn’t easy to reinvent, and the complexity and scalability of the property ecosystem can make change a challenge. The solution is to bring data, analytics and research together to understand the patterns that make people love a place. ...
a year, you become eligible for a 50% CGT discount. Other ways to reduce your CGT include strategically timing your asset sales by selling during a low-income year,offsetting your capital gains with capital losses, or holding investments through superannuation (including self-managed super fun...
Here’s a great way to get started: Go find one job description for a position you’d want to apply for. Try to find something that’s typical and “middle of the road” for the type of position you’d want. This is important because we’re going to create a “master copy” of ...