Sentences with phrase «of superannuation as»

You might think of your superannuation as a separate pool of savings from your non-super savings and invest accordingly.

Not exact matches

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks di...

Since the early 1980s, the proportion of household financial assets held as deposits has fallen from about 50 per cent to below 30 per cent; this has been mirrored by a comparable rise in the proportion of household assets held as claims on life insurance and superannuation funds (Graph 11).

Household sector financial assets increased by 1.7 per cent in the March quarter, a somewhat slower rate than in previous quarters, as a reduction in the value of direct equity holdings partially offset strong gains in the value of funds held in superannuation.

These include managers of retail funds, institutional funds management firms as well as superannuation funds.

This could possibly lead to a revived domestic corporate bond market, with institutions such as superannuation funds holding a lot of the private long term bonds.

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks discuss ways for retirement schemes to lend directly to companies.

As one of the largest superannuation and pension systems globally it is well on the way to meeting its ultimate purpose of supporting all Australians as they move toward their retirement yearAs one of the largest superannuation and pension systems globally it is well on the way to meeting its ultimate purpose of supporting all Australians as they move toward their retirement yearas they move toward their retirement years.

«AMP is well placed to take advantage of the growing pool of superannuation and fund management assets as the superannuation industry doubles in size by 2026.

His recent experience has included roles with the Guardians of NZ Superannuation as an investment strategist and with Milliman as a consultant.

The fund, which owns 23,000 hectares of the highest - quality farms in Australia — from King Island to Moree in NSW — is backed by major superannuation funds such as Australian Super, Australian Catholic Super, AMP Capital, the former AUSCOAL Super now Mine Wealth & Wellbeing, the University of Melbourne, Christian Super and private investor and retiring AFL chairman Mike Fitzpatrick.

Outlook: Analysts say the business is well - positioned to take advantage of long - term tailwinds for the wealth sector, such as an ageing population looking for retirement income solutions and mandated superannuation.

QIC's potential investment also comes as pressure builds on superannuation funds to look at competing with the wave of foreign pension funds that have spent more than $ 1 billion buying farm land in Australia in the past few years.

«Supporting Australian industry — whether that be in agriculture or venture capital — is one of the enormous advantages that Australia has as a superannuation system.»

From the footnotes to the PESA tables we concluded that changes in the treatment of superannuation and temporary or casual staff, as well as changes around the time of devolution and the movement of groups of staff into or out of the civil service, could account for most of the changes from PESA 1992 to 2004.

For the purpose of applying the Government Superannuation Fund Act 1956, in accordance with subclause (2), to a person who holds office as the chief executive or, as the case may be, is in the service of the Electoral Commission as an officer or employee and (in any such case) is a contributor to the Government Superannuation Fund, the term controlling authority, in relation to any such person, means the chief executive.

Just over seven in ten (71 %) of Lib Dem rebellions in the last session were on social policy (broadly defined), such as the various increases and extensions in VAT, the introduction of free schools and the expansion of academies, and curbs to legal aid and superannuation for civil servants.

Liberal Democrat rebels are more likely to have cast dissenting votes on social issues, such as the increase in VAT from 15 % to 17.5 %, the introduction of free schools and the expansion of academies, and curbs to superannuation for civil servants.

But as you generally don't see your superannuation until you retire, it often seems to be a case of «out of sight, out of mind».

As a general rule they are used as the basis for measuring the level of employer super contributions under the Superannuation Guarantee (Administration) Act 199As a general rule they are used as the basis for measuring the level of employer super contributions under the Superannuation Guarantee (Administration) Act 199as the basis for measuring the level of employer super contributions under the Superannuation Guarantee (Administration) Act 1992.

PFRDA in its circular has clearly mentioned that as per the provisions in the Income Tax Act, the amount transferred from Recognised PF / superannuation fund to NPS will not be treated as Income of the current financial year and is hence not taxable.

From 1 July 2018 you are eligible to carry - forward concessional (before - tax) contributions, depending on your total superannuation balance as at the end of June of the previous financial year.

As the asset is not being dealt with for the sole purpose of enabling the fund to discharge all or part of its liabilities in respect of superannuation income stream benefits, it can not be a segregated current pension asset under subsections 295 - 385 (3) or 295 - 385 (4) of the ITAA 1997.

As no member of the fund had a total superannuation balance of $ 1 million or more as at 30 June 2017 (the year before the first fund member commenced an income stream), the SMSF has an annual reporting obligatioAs no member of the fund had a total superannuation balance of $ 1 million or more as at 30 June 2017 (the year before the first fund member commenced an income stream), the SMSF has an annual reporting obligatioas at 30 June 2017 (the year before the first fund member commenced an income stream), the SMSF has an annual reporting obligation.

As Gary has a total superannuation balance of less than $ 1 million as at 30 June 2017, the SMSF will report events that occur on an annual basiAs Gary has a total superannuation balance of less than $ 1 million as at 30 June 2017, the SMSF will report events that occur on an annual basias at 30 June 2017, the SMSF will report events that occur on an annual basis.

As Alex had a total superannuation balance of $ 1 million or more as at 30 June 2017, the SMSF is required to report events 28 days after the end of the quarter in which the event occurAs Alex had a total superannuation balance of $ 1 million or more as at 30 June 2017, the SMSF is required to report events 28 days after the end of the quarter in which the event occuras at 30 June 2017, the SMSF is required to report events 28 days after the end of the quarter in which the event occurs.

Jimmy is a member of Seagull SMSF and has a total superannuation balance of $ 1 million or more as at 30 June 2018.

As Mary had a total superannuation balance of $ 1 million or more as at 30 June 2018, the SMSF is required to report any events 28 days after the end of the quarter in which the event occurAs Mary had a total superannuation balance of $ 1 million or more as at 30 June 2018, the SMSF is required to report any events 28 days after the end of the quarter in which the event occuras at 30 June 2018, the SMSF is required to report any events 28 days after the end of the quarter in which the event occurs.

by a fund established for the benefit of Commonwealth, state or territory employees and their dependants (such as the Commonwealth Superannuation Scheme and the Public Sector Superannuation Scheme)

As part of Stuart's responsibilities he services the needs of different influencers including financial advisers, accountants and self - managed superannuation fund members.

Following a divorce or other relationship breakdown, superannuation interests may be split as part of the division of property.

As others in this situation may experience, there is a significant opportunity cost in forgoing immediate income and accompanying employer Superannuation contributions (currently 9.5 % of salary) and potential returns given the time value of compounding (i.e. the sooner you start compounding, the greater your investment returns, all else being equal).

As Artie is under 65 years and has a total superannuation balance under $ 1.4 million, he is able to make non-concessional contributions of $ 300,000 over three years.

For example, we may include your visit to our superannuation calculator in preparing aggregate statistical information such as» 20 % of the people who used ASIC's MoneySmart superannuation calculator explored making extra contributions to their superannuation».

If you are claiming the money as the Trustee of a superannuation fund or trust fund, download the How to claim money form for representatives.

Calculations are based on the minimum amount of super your employer must pay on your behalf, known as the Superannuation Guarantee Contribution (SGC).

Superannuation legislation defines dependant as the spouse and any child of the member.

Salary sacrificing (into super): When you and your employer agree to pay a portion of your pre-tax salary as an additional contribution to your superannuation fund.

As a guide, you or your business may be able to claim a tax deduction of up to $ 30,000 annually for contributions to your superannuation fund (or $ 35,000 annually if you are aged 50 or over).

There is a minimum amount of super that your employer must contribute to your super fund each year, known as the superannuation guarantee contribution (SGC).

So we're responsible for a lot of consumer protection work as well, including credit, superannuation, banking and insurance.

If you die, your super fund normally pays your superannuation death benefit to one or more of your dependants, such as your husband or wife or partner, your children and people who depend on you financially.

A salary sacrifice to super is where you and your employer agree to pay a portion of your pre-tax salary as an additional concessional contribution to your superannuation account.

If you have found a record on our unclaimed money search in the name of a deregistered company acting as trustee for a trust or superannuation fund, there are a number of considerations as to who can make a claim.

Mainstream provides administration services to the funds management and superannuation industries, helping to take care of day to day activities such as unit pricing, investor communication, and the processing of investor applications and redemptions.

Against this background, the following sets out the Commissioner's view as to what constitutes a superannuation interest in relation to the different kinds of superannuation fund.

An amount that supports a superannuation income stream that is commenced from an SMSF is treated as a separate interest from immediately after the income stream commences (that is, once its tax free component and taxable component proportions have been determined)(3) In the case of multiple income streams commenced from the same SMSF, each income stream commenced gives rise to a separate interest from the interest to which each other income stream gives rise.

A financial planner (also known as a financial adviser) is a person or authorised representative of an organisation, licensed by ASIC, to provide advice on some or all of these areas of your finances: investing, superannuation, retirement planning, estate planning, risk management, insurance and taxation.

The results shown are not guaranteed to occur and should not be relied upon as a true representation of any actual superannuation contributions or taxation.

If the recipient of the superannuation death benefit is a foreign resident for Australian tax purposes, they receive the same tax treatment as a resident.