Super

Cryptocurrency’s popularity as an investment has led to rising concern and an increased need for awareness around the risks of investing your SMSF’s funds into the digital asset. It might be tempting, but having as much information and understanding around cryptocurrency might save you a lot of grief before you commit. In this post, we […]

Involvement in an SMSF can put certain responsibilities in their trustees hands, and those who overlook important details or find themselves reported to the ATO for failing to fulfil those responsibilities may risk incurring financial, civil or criminal penalties. As SMSFs often involve multiple members, the risk of non-compliance grows. You might be doing the

For any contributions made into your Superannuation (be that Super Guarantee contributions or any additional and voluntary contributions), your superannuation fund provider will typically invest your super savings throughout your working life, so you can hopefully retire comfortably. But how do they ensure that your funds do not simply stagnate once they are in the

Did you know that your child can have a superannuation fund started for them if they are under 18 years old? Those who commence work are likely to continue putting their money into their super until they reach their preservation age (which at the moment is 58 years). This is something that you can do

There are plenty of ways to increase super contributions before your retirement at any time of your life. As the means of funding your downtime after retiring, you want to make sure your superannuation is ready. The Australian Taxation Office recommends that you should check how you can maximise your super at the bare minimum

Superannuation can be confusing at the best of times for the average Australian. However, for those experiencing the effects of dementia or living with those affected by it, access to their superannuation can become a financial issue of great magnitude. Dementia is not a specific disease but rather a term that describes symptoms associated with

Your retirement nest egg is a prime target for investment scams. The investment attracts a significant amount of attention as funds are placed into it every day by Australians. These scammers may pose as your superannuation fund, financial advisors or even as the ATO. Some of the most recent scams involving super that has received

What happens to your super when you die? It might not be a question that has cropped up in many people’s minds. However, a death benefit is something that should be something that concerns you. Upon the untimely death of someone, their superannuation may be one of the elements of the estate that can be

If you are an employer who makes additional or extra super contributions, you are required to report them through Single Touch Payroll (STP). However, there are two kinds of super contributions that you can make – reportable and non-reportable. As an employer, it’s essential to know the difference between the two as they could affect

Australia’s superannuation laws intend to ensure that your nest egg for retirement is protected and can continue to grow throughout a person’s career. However, up to a quarter of Australian workers may have been underpaid or had unpaid super. Your employer must make contributions to your superannuation by law as a part of your wages