Sentences with phrase «under superannuation»

(a) is a member of the superannuation scheme established by deed under the Superannuation Act 1990; and
Benefits Under Superannuation Cash Accumalation and iRaksha TROP can an important point of comparison between the two plans.
Benefits Under Superannuation Cash Accumalation and Group Credit Protection Plus can an important point of comparison between the two plans.
Benefits Under Superannuation Cash Accumalation and E T Total Secure Plus can an important point of comparison between the two plans.
Provisions under Superannuation Cash Accumalation and Superannuation Cash Accumalation mainly include policy renewal and different types of riders.
Benefits Under Superannuation Cash Accumalation and Kotak Complete Cover Group can an important point of comparison between the two plans.
Provisions under Superannuation Cash Accumalation and Metlife Loan and Life Suraksha mainly include policy renewal and different types of riders.
Benefits Under Superannuation Cash Accumalation and B A Pradhan Mantri Jeevan Jyoti can an important point of comparison between the two plans.
Benefits Under Superannuation Cash Accumalation and Kotak Group Shield can an important point of comparison between the two plans.
Benefits Under Superannuation Cash Accumalation and New Group Term Assurance Plan 1 can an important point of comparison between the two plans.
Superannuation Standalone Immediate Annuity, which is used to pay annuities under superannuation funds not managed by ICICI Prudential, and under other groups, if the premium for annuity purchase is less than Rs. 2 crores in a financial year.
Paying annuities under superannuation funds not managed by ICICI Prudential Life, and under other groups, if the premium for annuity purchase is more than Rs. 2 crore in a financial year.
Benefits Under Superannuation Cash Accumalation and Group Gratuity Cash Accumulation can an important point of comparison between the two plans.
What if a trustee fails to meet the minimum pension payment requirements under the Superannuation Industry Supervision (SIS) Regulations?
Make sure you know the amount your employer must pay you under the superannuation guarantee.
We confirm that where an employer has made a payment to the SBSCH by the quarterly due date they are considered to have met their obligations under the Superannuation Guarantee (Administration) Act 1992.
Under the Superannuation Industry (Supervision) Act 1993, your super fund is authorised to collect your TFN, which will only be used for lawful purposes.
From 1 July 2007, a non-dependant can't take the death benefit as an income stream under superannuation law.
As a general rule they are used as the basis for measuring the level of employer super contributions under the Superannuation Guarantee (Administration) Act 1992.
Generally, preserved benefits must be kept in a super fund, ADF or RSA until the member has met a condition of release under the Superannuation Industry (Supervision) Act 1993.
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).

Not exact matches

NAB said on Thursday that MLC had more than 1200 financial advisers, ran the largest retail superannuation fund in the country, had $ 199 billion in assets under management and 3300 staff.
National Australia Bank's MLC - home to the country's largest retail superannuation fund and $ 199 billion in assets under management - officially joined the bulging list of financial services sector initial public offering candidates on Thursday morning, when NAB chief executive Andrew Thorburn flagged intentions to divest the business.
The company said MLC had more than 1200 financial advisers, ran the largest retail superannuation fund in the country, had $ 199 billion in assets under management and 3300 staff.
This idea was first put into practice in New Brunswick in 2012, when the provincial government repealed its Public Service Superannuation Act and replaced it with An Act Respecting Pensions under the Public Service Superannuation Act.
The government claims that its changes will not affect the core public sector pension plans, under the Public Service Superannuation Act, the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act.
The amount of your transfer balance cap worked out under special rules for a child recipient of a superannuation income stream.
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.
If there is a net capital gain remaining at Step 5, that amount is reduced by the exempt proportion under subsection 295 - 390 (3) of the ITAA 1997 for the income year (or pursuant to section 295 - 400 in the case of pooled superannuation trusts), to determine the assessable amount.
The exempt proportion under this provision for an income year is the: average value of a fund's current pension liabilities for the year, divided by the average value of its superannuation liabilities for the year.
A trustee of a pooled superannuation trust with a relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Ruling) of 100 % should choose option one, and not option two, for any deemed capital gains under the CGT relief provisions (refer to paragraph 86A of this Ruling).
This means that, from 1 July 2017, an SMSF or small - APRA fund could have a member with a transfer balance under the $ 1.6 m transfer balance cap, but who also has a total superannuation balance exceeding $ 1.6 m.
From 1 July 2017, the new DASP WHM tax rate of 65 % applies to DASPs made to WHMs where it includes amounts attributable to superannuation contributions made under a WHM visa.
Under age 65 on 1 July 2017: Members have the option of contributing up to $ 300,000 over a three - year period, depending on their total superannuation balance.
If you're under 55, the exempt amount must be paid into a complying superannuation fund or retirement savings account.
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.
This will be binding on the fund trustee as long as the nomination complies with superannuation legislation, and the benefit is paid to somebody who is your dependant under the law, or to your estate.
A trustee of a pooled superannuation trust with a relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Guideline) of 100 % should choose option one, and not option two, for any deemed capital gains under the CGT relief provisions (refer to paragraph 86A of this Guideline).
There are special record keeping rules where there has been a roll - over for a merger between superannuation funds under former section 160ZZPI of the Income Tax Assessment Act 1936: see section 121 - 25 of the Income Tax (Transitional Provisions) Act 1997.
Any contributions received after this date are not required under law to be returned, due to subregulation 7.04 (3) of the Superannuation Industry (Supervision) Regulations 1994 being repealed.
As a result, the SMSF failed to meet the residency rules and no longer met the definition of an Australian superannuation fund (under section 295 - 95 (2) of the Income Tax Assessment Act 1997).
Different treatment arises for the purposes of your transfer balance account depending on whether, under the payment split, the non-member spouse is entitled to either a lump sum amount or a percentage of the member spouse's superannuation income stream benefits payable from the superannuation income stream.
A credit will arise in your transfer balance account in relation to a payment made by a superannuation provider under a limited recourse borrowing arrangement (LRBA) that was entered into on or after 1 July 2017 where:
[36] A commutation also occurs where a superannuation income stream provider converts superannuation income stream entitlements to a superannuation lump sum in compliance with a commutation authority issued under Subdivision 136 - B of Schedule 1 to the TAA in respect of that superannuation income stream.
Once you receive a determination, you may choose to remove the crystallised reduction amount yourself by instructing your superannuation income stream provider / s to commute this amount, instead of making an election under section 136 - 20 of Schedule 1 to the TAA.
One of these circumstances is when the superannuation income stream provider fails to pay the minimum amount of superannuation income stream benefits required under the regulatory rules.
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.
In certain circumstances a superannuation income stream may cease to be a superannuation income stream because it has failed to comply with the rules or standards under which it is provided.
The Explanatory Memorandum (EM) to the Taxation Laws Amendment (Superannuation) Bill 1989, which inserted section 279D, prescribed a method of calculation which would provide an acceptable basis for determining the amount that could be deducted under section 279D.
One of the consequences of this is that the income earned in respect of this superannuation interest is not exempt income under Subdivision 295 - F.
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