To confirm that your company’s default fund is compliant and meets minimum life insurance requirements Five years to show that all financial obligations have been met, and Of written information provided to employees and proof that superannuation contributions have been made to employee's chosen fund...
As an employer, it’s vital you know the requirements for paying super, as late or missing payments can result in penalty charges. In this guide, you’ll discover: what superannuation is who is eligible for superannuation how often employers have to pay superannuation contributions what informati...
Our private equity investments can be found by filtering for Unlisted Equity. These investments are disclosed in two ways. First, per regulatory requirements, we disclose all our private equity investments, along with their dollar value and/or percentage weighting, under the Externally Managed and In...
like Industry SuperFunds. But some employers might find an offer of a cheap business loan or insurance premium too good to refuse if only they switch to their bank’s own super fund for the workplace. This may not be in the best interests of the employees, and the switch could even res...
The Transitional Instrument preserved the existing internal dispute resolution policy for a short transitional period, until 30 June 2020, pending the expected finalisation of ASIC’s new internal dispute resolution standards and requirements. The release of ASIC’s new internal dispute resolution standards...
Certain employees, such as members of the CSS and PSS and temporary commonwealth employees, will not have a choice of superannuation fund under the legislation, because employers will be deemed to satisfy the choice of fund requirements in relation to SG contributions made for these employees. ...
Approved employers Approved employer Job role Audit, Internal audit Sector Accounting - Public practice Send Save Apply The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.Our business is unique in...
Identifying competency requirements for the financial planning industry in Australia: implications for educators Compulsory superannuation was introduced in Australia in July 1992, and has led to significant growth in funds under management. Reserve Bank of Australia data (2004) shows that in September 20...
The first stage in this framework is the introduction of a retirement income covenant in the Superannuation Industry (Supervision) Act 1993, which will require trustees to develop a retirement income strategy for their members. The covenant will codify the requirements and obligations for superannuation...
3 How does ANZ Superannuation Savings Account benefit employers? In addition to the benefits offered to members, employers receive the following benefits: Simplicity and convenience ANZ Superannuation Savings Account provides a simple and convenient way for employers to provide superannuation for their ...