by LBWCA | Jun 22, 2015 | Personal Wealth, SMSF
This is a reminder for everyone to check prior to 30 June 2015: Concessional Contribution – Check that you haven’t breached the $30,000 employer contributions limit (or $35,000 if you are over 50 years) if you have been salary sacrificing into super. If you...
by LBWCA | May 25, 2015 | Personal Wealth, SMSF
SuperStream is a new set of measures designed to improve the “behind the scenes” workings of the Superannuation system. This is done by employers sending contributions electronically to their employees’ funds, as well as transmitting this data in a standard format. As...
by LBWCA | Feb 22, 2015 | Financial Planning, Personal Wealth
We have recently heard from a few clients asking about the changes to the above card. From 1 January 2015 there has been a major change in the rules for this card being that the new rules deem income from account based income streams – these were previously exempt as...
by LBWCA | Jun 30, 2014 | Personal Wealth, SMSF
From 1 July 2014, trustees of an SMSF cannot provide an insured benefit in relation to a member of the fund unless the insured event is consistent with one of the following conditions of release of a member’s super benefits: deathterminal medical conditionpermanent...
by LBWCA | Apr 22, 2014 | Financial Planning, Personal Wealth
Did you know Telstra listed on the ASX back in November 1997? Many clients own Telstra shares and it has been pleasing to see the share price increase in recent years. This month Telstra announced a off-market share buyback of up to $1b of Telstra shares and clients...
by LBWCA | Apr 17, 2014 | Personal Wealth, SMSF
What is SuperStream and what does it mean for me? SuperStream is a government reform aimed at improving the efficiencies in the superannuation system. Under SuperStream, employers must make super contributions by submitting data and payments electronically in...
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