Sentences with phrase «standards of superannuation»
that meets the standards of Superannuation Industry (Supervision) Regulations 1994 subregulation 1.06 (2), 1.06 (7) or 1.06 (8).
https://www.ato.gov.au/ Not exact matches
Our «old age pension» - NZ Superannuation - supports a basic standard of living in retirement.
«Currently most people are retiring with superannuation savings considerably lower than they need to support a comfortable standard of living in retirement,» Pauline Vamos, CEO of ASFA, said.
Generally, you must use the RBS when you pay a rollover super benefit to another super fund and you are not already providing all of this information electronically under the Superannuation Data and Payment Standards 2012 (the rollover data standard).
* Retirement Standard benchmarks for the 2016 September quarter from the Association of Superannuation Funds of Australia (ASFA).
Once an account - based pension commences, there is an ongoing requirement for you, as trustee of a complying superannuation fund, to ensure the pension standards in the super laws are satisfied.
In some circumstances a failure to comply with a requirement in the taxation laws or the rules and standards under which a superannuation income stream is paid during an income year results in the superannuation income stream ceasing at the commencement of the income year.