SELF MANAGED SUPERANNUATION

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "SELF MANAGED SUPERANNUATION"

Transcription

1 SELF MANAGED SUPERANNUATION Position Yourself INFORMATION PACK INFORMATION PACK SELF MANAGED SUPERANNUATION FUNDS SMSF INFORMATION SHEET MAKING THE MOST OF YOUR SUPERANNUATION

2 Self Managed Superannuation Funds TAG s super expertise helping to secure your future Over 800,000 Australians are now Self Managed Superannuation Fund (SMSF) members and enjoy the advantages of running their own fund, which can include: greater investment freedom; greater control of monies being invested by them as trustees; active participation in the management of the fund; and more flexible retirement planning and estate planning options available. Our Comprehensive SMSF Service TAG provides a complete SMSF establishment and administration service that is customised to your individual needs: SMSF Assessment At TAG we realise that setting up a SMSF is not for everyone. For this reason, we provide you with a no obligation, 1 hour appointment to discuss your needs and whether a SMSF is right for you. SMSF Establishment Our comprehensive SMSF establishment service ensures you can access a wide range of exciting superannuation strategies. The TAG team can recommend the most effective form of fund, with consideration to your family, your business and you as an individual. SMSF Administration & Compliance Our SMSF administration service aims to take all the worry out of running a SMSF. Our service covers all compliance obligations including: end of year accounts, preparation and lodgement of income tax returns, IAS statements, PAYG summaries, independent audits, deed amendments to keep your fund up to date and an annual fund performance summary. We even deal with ASIC or the ATO if your fund is selected for audit. Maximising Your SMSF Our advisers understand that it s more than just setting up a fund that can make the real difference toward financial success. At TAG we focus on co-ordinating our Superannuation Advisory, Business Advisory & Taxation and Investment Advisory & Wealth divisions to maximise the benefit to you. Superannuation & Advisory Investment Advisory & Wealth Business Advisory & Taxation

3 Your Financial Success TAG Financial Services has been providing specialist superannuation advice since Our qualified advisers have expertise in superannuation, business services, taxation and wealth management. This knowledge means that TAG can help you maximise your SMSF with a wide range of superannuation strategies. Superannuation Strategies Asset Protection Retirement Planning Retirement Income Streams Your Financial Success Tax Effective Structures Estate Planning Investment Strategies Using the Industry Experts TAG is committed to maintaining the highest standard of superannuation expertise and is seen as one of the leading superannuation technical firms to the accounting profession. We run an annual Superannuation Update Seminar, advise accountants on superannuation technical issues, we are involved in the CPA retirement centre of excellence and regularly lead industry discussion groups and training sessions. As a result, when you use TAG you know that we provide highly technical SMSF strategies that make your superannuation work harder. Commitment to Quality At TAG we guarantee the quality of our work by keeping it all in-house. This means that there is no outsourcing overseas which not only protects the quality of our work but also ensures your privacy is protected. The Next Step If you are interested in finding out what our advice can do for you, we offer a complimentary 1 hour consultation to discuss your specific needs. If you would like to set up a time to meet or have any questions, please contact Brenda. Brenda Hutchinson, CPA Partner Superannuation Advisory and Audit Ph.: Fax: S u p e r a n n u a t i o n F i n a n c i a l & R e t i r e m e n t S o l u t i o n s A s s e t P r o t e c t i o n T A G F I N A N C I A L S E R V I C E S P T Y L T D A B N P O B o x 1 2 5, D a r l i n g, ( L e v e l 1, M a l v e r n R o a d, M a l v e r n E a s t ) V I C, e m a i l : t e a t a g f i n a n c i a l. c o m. a u w e b s i t e : w w w. t a g f i n a n c i a l. c o m. a u P h : F a x : L:\Marketing\+Forms\MF209 SAA smsf flyer(lh).docx Liability limited by a scheme approved under Professional Standards Legislation TAG Financial Services is a CPA business

4 Self Managed Superannuation Funds What is Superannuation? Superannuation is a long-term savings arrangement that operates primarily to provide income for retirement. Superannuation involves employers, the self-employed and employees making contributions over a period of time to a superannuation fund. The superannuation fund holds the contributions in trust for the member and invests them to increase the fund s assets. These assets are then used to provide benefits to members when they retire or suffer a serious disability or to member's families if the member dies. The Government taxes superannuation savings at lower rates than normal savings if the superannuation fund complies with certain conditions. This aspect along with the accumulation of fund earnings from investment, combine to produce a larger benefit for retirement. What is a Self Managed Superannuation Fund? A superannuation fund is a self-managed superannuation fund (SMSF) if it meets the following conditions: Has less than 5 members; Each individual trustee of the fund is a fund member; Each member of the fund is a trustee; No member of the fund is an employee of another member of the fund, unless those members are related; No trustee of the fund receives any remuneration for his or her services as a trustee. A SMSF can also have a company as a trustee (known as a corporate trustee) if: Each director of the company is a member of the fund; Each member of the fund is a director of the company; and The fund has less than 5 members, no member is an employee of another member (unless related) and the trustee does not receive remuneration for their services as a trustee. The requirement that all members be trustees ensures that each member is fully involved and has the opportunity to participate in the decision-making processes of the fund. This promotes true self-management. The Australian Taxation Office (ATO) regulate funds that meet the definition of SMSF. Special rules apply to single member funds, members who are minors and funds when a member has died. Remuneration /Reimbursement of Trustees The definition of a SMSF requires that trustees cannot be remunerated for their services as a trustee. That is, trustees cannot be paid any amount for carrying out normal activities of a trustee (eg: participating in trustee decision making, attending meetings etc). Trustees can however be reimbursed by the fund for costs incurred on behalf of the fund. What if the Fund ceases to be a SMSF? If a fund no longer meets the definition of a SMSF, it will remain a SMSF until the earlier of: The appointment of an approved trustee; or 6 months from the event that caused the fund to fail the definition. This 6 month timeframe allows the fund time to restructure (for example, by transferring the member/s out of the fund) if it wishes to remain within the SMSF definition. However, this extension does not apply if the reason for ceasing to be a SMSF is the admission of one or more new members.

5 Advantages of Setting Up a Self Managed Superannuation Fund Some of the advantages people see in running their own superannuation fund are: They can have greater investment freedom; They feel the monies are safer being invested by them as trustees; They can actively participate in the management of the fund; There are reduced formal reporting requirements; and Often more flexible retirement planning and estate planning options available. However, setting up a SMSF is not for everyone. It does require at least a basic knowledge of the legislation that they as Trustees must comply with and the use of an experienced superannuation adviser. Duties of Trustees (Self Managed Superannuation Funds) Trustees of SMSF's are the ones who are ultimately responsible for the running of their fund. It is imperative that each trustee understands the duties, responsibilities and obligations of being a trustee. Rules exist to ensure the protection of the assets in the fund until they are needed at retirement. There are significant penalties imposed on trustees who fail to perform their duties. Key Responsibilities A trustee of a SMSF must act in accordance with: The clauses of the superannuation fund trust deed; The provisions of the Superannuation Industry (Supervision) Act 1993 (SIS); and Other general rules, for example those imposed under tax law and trust law. The SIS Covenants The SIS Act contains covenants or rules that impose certain requirements on trustees and are deemed to be included in the trust deed of every regulated fund. These covenants set out the duties imposed on a trustee under trust law in general. They require trustees to: Act honestly in all matters; Exercise the same degree of care, skill and diligence as an ordinary prudent person; Act in the best interest of the fund members; Keep the assets of the fund separate from other assets (e.g. the trustee s personal assets); Retain control over the fund; Develop and implement an investment strategy; Allow members access to certain information. Delegating Certain Responsibilities to a Service Provider Whilst trustees are not prevented from engaging or authorising other persons to do certain acts or things on their behalf (e.g. engaging the services of an investment adviser), they are bound to retain control over the fund. Ultimate responsibility and accountability for running the fund in a prudent manner lies with the trustees. Keeping Superannuation Money and Other Assets Separate Trustees of SMSFs must keep money and other assets of the superannuation fund separate from their own personal assets. Similarly, the assets of the superannuation fund must also be kept separate from those belonging to a business (e.g. a business run by two partners who decide to set up a SMSF). Money belonging to the fund must not, under any circumstances, be used for personal or business purposes. This money is for retirement purposes and generally cannot be accessed until retirement. The fund s assets must not be viewed as a form of credit or emergency reserve when faced with a sudden need.

6 Sole Purpose Test It is the trustee s responsibility to ensure that a SMSF is operated for the sole purpose of providing retirement benefits for members or member s dependants. The core purpose of superannuation is to supply benefits to a member when the following events occur: On or after retirement from gainful employment, or Attaining a prescribed age, and On the member s death. The ancillary purposes cover the provision of benefits for members in the following circumstances: Termination of the member s employment with an employer who, at any time, had made contributions to the fund for that member; Cessation of employment due to ill-health (whether physical or mental); Death of the member after retirement where the benefits are paid to the member s dependants or legal representative or both; Death of the member after attaining the age of 65 where the benefits are paid to the member s dependants or legal representative or both; Other ancillary purposes approved in writing by the Australian Prudential Regulation Authority. This last ancillary purpose allows a fund to provide benefits in situations of financial hardship and / or on compassionate grounds. Breach of the Sole Purpose Test One of the main ways to determine if a fund has breached the sole purpose test is to examine the character and purpose of the fund s investments. One example is where the investment arrangement indicates that the purpose of the fund is to provide financial assistance to another party who is not a member or beneficiary of the fund itself. Another indication that a breach of the sole purpose test may have occurred is when a fund is running a business as part of its investment strategy. Our experience is that where a large proportion of fund assets are used to conduct a business within a SMSF, there is a real risk that the trustees of the fund may lose sight of their obligation to comply with the sole purpose test (and/or other provisions of SIS) at all times. This is because other purposes may come to the fore in operating the business. Trustees who breach the sole purpose test face civil and criminal penalties. A breach of the sole purpose test is a most serious breach. It can result in a fine of up to $220,000 on individual trustees and 5 years imprisonment. Higher penalties apply to corporate trustees. Managing Investments In making investment decisions the trustees must act in accordance with the fund s trust deed, investment strategy and the provisions of SIS. Some of the more important issues to consider when investing a SMSF s assets include: Investment Strategy Under SIS all SMSFs are required to have an investment strategy. The trustees are responsible for formulating an appropriate investment strategy and it is strongly recommended that the strategy be in writing. All investments must be made in accordance with the investment strategy of the fund. Investment Restrictions SIS sets out various rules and restrictions on investments. These include: Lending to members and their relatives. Acquisition of assets from related parties of the fund. Borrowing by superannuation funds. In-house assets. Investments must be made and maintained on an arms length basis. These rules are quite complex and professional advice should be sought if a Trustee is uncertain as to the legality of a proposed investment transaction.

7 Other than the rules discussed above, superannuation funds can generally invest in: Shares (domestic and international). Managed funds. Property (domestic and commercial). Certain related unit trusts. Changes to the Borrowing rules From 24 September 2007, changes to superannuation rules mean that super funds can, within quite specific constraints, invest in some instalment warrants or enter into a similarly structured arrangement involving borrowing money to acquire a permitted asset. Very specific conditions apply, so please seek advice if you intend to enter into a borrowing arrangement with your super fund. Rolling Over Existing Superannuation Issues to be considered when rolling over an existing superannuation fund to a SMSF include (but are not limited to): Is insurance cover provided by the existing fund and do you need/want to remain covered? Are there any exit fees? What are the fees and charges of the existing fund versus the SMSF? Will my employer contribute to the SMSF for me? Are there any tax issues associated with rollover between funds? What other ancillary benefits does my existing fund offer that a SMSF does not? (e.g. discounted home loans) More Information TAG Financial Services provides specialist superannuation services, including fund administration-structuring advice on issues such as pension payments and asset allocation. Should you have any questions on Self Managed Superannuation, please do not hesitate to contact one of our advisers on (03) or via . Brenda Hutchinson, CPA Partner Superannuation Advisory & Audit Disclaimer: The information contained in this document is general in nature only. Professional advice should be sought before acting on any aspect of this document. Liability limited by a scheme approved under Professional Standards Legislation. Copyright TAG Financial Services (Sept 2009) TAG Financial Services Pty Ltd ABN L:\Marketing\+Forms\MF013 SMSF.docx

8 Making the Most of Your Superannuation What is superannuation? Superannuation is simply an investment structure that is specifically designed for your retirement savings. Through superannuation you can invest in a wide range of asset classes including shares, property, managed funds and cash. In fact, you can access almost all of the same investments that are available outside super however, super has two key advantages over other types of investments: 1. Tax advantages: Super is one of the most tax advantaged investment vehicles, as income earned in your super fund is taxed at a maximum rate of 15%. Whereas the income you earn from other (non-super) investments is taxed at your marginal tax rate (up to 46.5%). 2. Compounding interest: Because access to your super is restricted until later in life, your super savings will be preserved for their intended purpose, plus they will gain the powerful effect of compounding interest. Your contributions and overall nest egg will keep earning interest over time, which will then be reinvested. The following table shows the different outcomes of investing $10,000 each into superannuation and a non-super investment. Even though both investments gain the benefits of compounding interest, the favourable tax treatment within the super environment means that after 20 years the super investment provides a much greater return. Super and non-super investments Balance $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10, Years Assumptions: $10,000 initially invested into each of a managed fund outside the super environment and a managed fund within the super environment. Both earning 7%pa (3% income and 4% growth) with returns reinvested. Assumes a Marginal Tax Rate (MTR) of 46.5% including Medicare. Non super balance Super balance How much do I need for retirement? A good rule of thumb in determining your retirement needs is 60-70% of your pre-retirement income. The table below shows the level of capital required, assuming a retirement age of 65 with income being paid for approximately 22 years after this: Desired annual income* Capital required if earning 6% per annum Capital required if earning 8% per annum $60,000 $964,639 $808,144 $50,000 $803,866 $673,453 $40,000 $643,093 $538,762 $30,000 $482,320 $404,072 $20,000 $321,546 $269,381 * Figures are indexed at 3% pa to reflect the effects of inflation. Centrelink entitlements and tax are excluded from the calculations. How can I build up my super? Think you might fall short of funding for retirement? Then it s essential to start building up your super now so that it has time to compound. Here we outline a few options available to you: 1. Salary sacrifice: Employers are required by law to contribute 9% of your salary into your super fund (called Super Guarantee), however, you may be able to elect to contribute a greater amount of your salary to build up your nest egg faster. When you enter into a salary sacrifice arrangement, you forgo some of your take-home pay (which would be taxed at your marginal tax rate) and divert it into super where it is taxed at a maximum of 15%. Salary sacrificing can also reduce your overall taxable income, pushing you into a lower income tax bracket. This type of super contribution is known as a deductible contribution, as it is made with pre-taxed dollars.

9 2. Super splitting: If your spouse has minimal super, splitting your own super contributions with them can help build up their own account. More importantly, it may assist you to increase the amount of tax-free super you can receive as a couple once you retire. Upon retirement, each individual can withdraw a portion of his or her super tax-free (depending on their actual super components). For 2010/11, the maximum tax-free threshold is $160,000. If one spouse has more super saved up than the other, they can begin to split contributions with their spouse to balance out both of their super savings. By doing this, they may be able to withdraw up to two tax-free threshold amounts. 3. Make non-concessional contributions: Non-concessional contributions refer to those which are made from your after-tax salary. Because this money has already been taxed, it does not incur the 15% contributions tax that deductible contributions (such as salary sacrifice) incur. If you make a non-concessional contribution, you may be eligible to receive a co-contribution from the Government, whereby the Government will match your non-concessional contributions by up to 100%, with a maximum co-contribution of $1,000. What is the Government Co-contribution? The Government Co-contribution scheme was introduced in 2003 to help low to mid income earners build up their superannuation savings for retirement. Essentially, the Government will now match eligible income earners personal super contributions by up to 100%. If you earn $31,920 or less and make a personal contribution to your super fund, the Government will match each dollar by $1.00, with a maximum co-contribution of $1,000. This means that if you make a $1,000 contribution, you will receive the maximum $1,000 from the Government. For every dollar you earn above $31,920, the co-contribution reduces and phases out completely once your income reaches $61,920. The table to the left shows the different co-contributions you can receive depending on your income level and your own contribution amount. Am I eligible to receive the co-contribution? Your total income must be less than $61,920 (this refers to your assessable income + any fringe benefits). You must earn at least 10% from eligible employment. You must make at least one personal un-deducted contribution into a complying super fund or Retirement Savings Account (RSA). Personal un-deducted contributions are those which are made from your after-tax income. You must not hold an eligible temporary resident visa at any time during the year. You must be less than 71 years old. You must lodge an income tax return for the year. How much can I receive? If you personal super contribution is: $1,000 $800 $500 $200 Your income: The Government Co-contribution will be: $31,920 or less $1,000 $800 $500 $200 $34,921 $900 $800 $500 $200 $49,922 $400 $400 $400 $200 $55,923 $200 $200 $200 $200 $61,920 $0 $0 $0 $0 Source: Australian Tax Office, for More Information Superannuation can be complex and planning your retirement is not always straightforward. We can recommend a suitable strategy, which will take into account your personal circumstances but also will ensure you can maximise our retirement income and enjoy the lifestyle you deserve. The sooner you start planning and saving, the better lifestyle you can achieve later on. If you want more information or simply want to take advantage of the options available speak to your TAG Financial Services adviser on (03) or via . Superannuation, Advisory & Audit Brenda Hutchinson Investment Advisory & Wealth Leigh Jobling Michelle Griffiths Business Advisory & Tax Tony Rule Disclaimer: The information contained in this document is general in nature only. Professional advice should be sought before acting on any aspect of this document. Liability limited by a scheme approved under Professional Standards Legislation. Copyright TAG Financial Services (Feb 2011) TAG Financial Services Pty Ltd ABN L:\Marketing\+Forms\MF008 Making the Most of Super.docx

A Financial Planning Technical Guide

A Financial Planning Technical Guide Self Managed Superannuation Funds A Financial Planning Technical Guide Securitor Financial Group Limited ABN 48 009 189 495 AFSL 240687 Contents What is a self managed superannuation fund (SMSF)? 1 What

More information

Self managed superannuation funds. A Financial Planning Technical Guide

Self managed superannuation funds. A Financial Planning Technical Guide Self managed superannuation funds A Financial Planning Technical Guide 2 Self managed superannuation funds What is a self managed 4 superannuation fund (SMSF)? What are the benefits? 4 What are the risks?

More information

CLIENT FACT SHEET. If you are under age 65 you may make personal contributions to superannuation on your own behalf.

CLIENT FACT SHEET. If you are under age 65 you may make personal contributions to superannuation on your own behalf. CLIENT FACT SHEET July 2010 Understanding superannuation and superannuation contributions Superannuation is an investment vehicle designed to assist Australians in saving for their retirement. The Government

More information

Self Managed Super Funds Take charge

Self Managed Super Funds Take charge Self Managed Super Funds Take charge Gain control of your financial future with a Self-Managed Super Fund (SMSF) About Markiewicz & Co. Markiewicz & Co. is one of Australia s leading full service investment

More information

Understanding Superannuation

Understanding Superannuation Understanding Superannuation Client Fact Sheet July 2012 Superannuation is an investment vehicle designed to assist Australians save for retirement. The Federal Government encourages saving through superannuation

More information

Making the Most of Your Super

Making the Most of Your Super Making the Most of Your Super For many people, super is one of the best ways to accumulate wealth. The Government provides tax benefits to encourage people to fund their own retirement. With more Australians

More information

Getting the best out of your superannuation savings

Getting the best out of your superannuation savings Booklet 1 Getting the best out of your superannuation savings MAStech Smart technical solutions made simple Contents Introduction 01 Introduction 03 Saving through super 08 How a super fund works 09 How

More information

Freedom INVESTMENT ADVISORY INFORMATION PACK INFORMATION PACK INVESTMENT ADVISORY

Freedom INVESTMENT ADVISORY INFORMATION PACK INFORMATION PACK INVESTMENT ADVISORY INVESTMENT ADVISORY INFORMATION PACK Freedom INFORMATION PACK INVESTMENT ADVISORY MAKING THE MOST OF YOUR SUPER INVESTMENT PRINCIPLES FOR SUCCESS INVESTING IN PROPERTY? Investment Advisory and Wealth growing

More information

Superannuation. A Financial Planning Technical Guide

Superannuation. A Financial Planning Technical Guide Superannuation A Financial Planning Technical Guide 2 Superannuation Contents Superannuation overview 4 Superannuation contributions 4 Superannuation taxation 7 Preservation 9 Beneficiary nomination 9

More information

Understanding Self Managed Superannuation Funds Version 5.0

Understanding Self Managed Superannuation Funds Version 5.0 Understanding Self Managed Superannuation Funds Version 5.0 This document provides some additional information to help you understand the financial planning concepts discussed in the SOA in relation to

More information

BELL POTTER. Self-managed super explained

BELL POTTER. Self-managed super explained BELL POTTER. Self-managed super explained TABLE OF Contents. introduction 3 setting up a self-managed super fund 4 Getting your fund started 7 preparing an investment strategy 10 managing your fund s investments

More information

SMSF Trustee Companion

SMSF Trustee Companion If you are thinking about setting up a SMSF, there are a number of decisions you will need to make regarding the structure, operation and management of your fund. To help you understand the process and

More information

Product Disclosure Statement

Product Disclosure Statement AMP Retirement Savings Account Product Disclosure Statement Contents 1. About AMP Retirement Savings Account 2. How super works 3. Benefits of investing with AMP Retirement Savings Account 4. Risks of

More information

A DIFFERENT KIND OF WEALTH MANAGEMENT FIRM. www.jaswealth.com.au. Superannuation 101. Everything you always wanted to know but were too afraid to ask

A DIFFERENT KIND OF WEALTH MANAGEMENT FIRM. www.jaswealth.com.au. Superannuation 101. Everything you always wanted to know but were too afraid to ask A DIFFERENT KIND OF WEALTH MANAGEMENT FIRM www.jaswealth.com.au Superannuation 101 Everything you always wanted to know but were too afraid to ask What is Superannuation? Superannuation 101 Contents What

More information

SMSF Solutions for Advisers & Accountants.

SMSF Solutions for Advisers & Accountants. SMSF Solutions for Advisers & Accountants. 1 November 2015 www.multiport.com.au Multiport Pty Ltd ABN 76 097 695 988 AFS LICENCE NO: 291195 Contents Taking the hassle out of SMSF administration and compliance

More information

PRODUCT DISCLOSURE STATEMENT. 02 9331 8664 admin@nowinfinity.com.au www.nowinfinity.com.au PO BOX 1409 Potts Point NSW 1335 ABN 16 154 927 376

PRODUCT DISCLOSURE STATEMENT. 02 9331 8664 admin@nowinfinity.com.au www.nowinfinity.com.au PO BOX 1409 Potts Point NSW 1335 ABN 16 154 927 376 PRODUCT DISCLOSURE STATEMENT 02 9331 8664 admin@nowinfinity.com.au www.nowinfinity.com.au PO BOX 1409 Potts Point NSW 1335 ABN 16 154 927 376 SMSF Product Disclosure Statement CONTENTS SMSF Product Disclosure

More information

Smart strategies for your super

Smart strategies for your super Smart strategies for your super 2010 Make your super count Superannuation is still one of the best ways to accumulate wealth and save for your retirement. The main reason, of course, is the favourable

More information

AustChoice Super general reference guide (ACH.02)

AustChoice Super general reference guide (ACH.02) AustChoice Super general reference guide (ACH.02) Issued: 28 May 2015 This guide contains important information not included in the AustChoice Super PDS. We recommend you read this entire guide. The information

More information

Smart strategies for maximising retirement income

Smart strategies for maximising retirement income Smart strategies for maximising retirement income 2010 Why you need to create a life-long income Australia has one of the highest life expectancies in the world and the average retirement length has increased

More information

SALARY PACKAGING SUPERANNUATION GUIDE TO EMPLOYEES

SALARY PACKAGING SUPERANNUATION GUIDE TO EMPLOYEES SALARY PACKAGING SUPERANNUATION GUIDE TO EMPLOYEES Superannuation Introducing Salary Packaging Salary packaging has been made available to all staff of the University through the Enterprise Agreement process.

More information

Fact Sheet Tax on Super 2009/10

Fact Sheet Tax on Super 2009/10 It pays to belong TM Key Focus A tax of 15% applies to concessional (i.e. before tax) contributions. All employer and salary sacrifice contributions will be taxed at the top marginal rate if your super

More information

Smart strategies for maximising retirement income 2012/13

Smart strategies for maximising retirement income 2012/13 Smart strategies for maximising retirement income 2012/13 Why you need to create a life long income Australia has one of the highest life expectancies in the world and the average retirement length has

More information

What is Superannuation and how do Self Managed Superannuation Funds Work?

What is Superannuation and how do Self Managed Superannuation Funds Work? What is Superannuation and how do Self Managed Superannuation Funds Work? Superannuation is a long-term arrangement that operates primarily to provide income in retirement. Superannuation involves employers,

More information

Self Managed Super Fund Service

Self Managed Super Fund Service Self Managed Super Fund Service Product Disclosure Statement Issued by the trustees Issue date: 15 April 2010 Prepared by Smartsuper Pty Ltd ABN 47 003 822 339 AFS Licence 247120 PO Box 529 North Sydney

More information

How super is taxed. About this document. Tax on concessional contributions. Concessional contribution tax rates from 1 July 2015:

How super is taxed. About this document. Tax on concessional contributions. Concessional contribution tax rates from 1 July 2015: How super is taxed Date of issue: 1 July 2015 mtaasuper.com.audate Phone: 1300December 362 415 2014 Fax: 1300 365 142 of issue: The information in this document forms part of the Product Disclosure Statement

More information

SUPERANNUATION. Home Insurance. Super fundamentals. Foundations for your future

SUPERANNUATION. Home Insurance. Super fundamentals. Foundations for your future SUPERANNUATION Home Insurance Super fundamentals Foundations for your future As one of your most important financial investments, it s worth understanding how superannuation works. For many Australians,

More information

Funding income protection and trauma insurance via superannuation

Funding income protection and trauma insurance via superannuation TB 40 Funding income protection and trauma insurance via Issued on 16 June 2014. Summary The tax concessions available for certain contributions can make it tax effective to fund income protection (salary

More information

The sooner you start thinking about growing your super, the better. But it s never too late.

The sooner you start thinking about growing your super, the better. But it s never too late. > Get calculating! If you d like to see the effect that personal contributions may have on your final entitlement, access the Super SA Benefit Projector on the Super SA website www.supersa.sa.gov.au. The

More information

Reliance Super. Taxation Supplement. 14 March 2014. a membership category of Maritime Super

Reliance Super. Taxation Supplement. 14 March 2014. a membership category of Maritime Super Taxation Supplement 14 March 2014 Contents Tax on contributions 2 Tax on rollovers 3 Tax on investment earnings 3 Tax on super benefits 3 Spouse tax offset 7 Tax deductions for the self-employed 7 Low

More information

1 What is the role of a financial planner when advising a client about retirement planning?

1 What is the role of a financial planner when advising a client about retirement planning? Questions with Guided Answers by Graeme Colley 2013 Reed International Books Australia Pty Limited trading as LexisNexis. Permission to download and make copies for classroom use is granted. Reproducing

More information

Super taxes, caps, payments, thresholds and rebates

Super taxes, caps, payments, thresholds and rebates Fact Sheet Super taxes, caps, payments, thresholds and rebates This fact sheet provides a useful one-stop reference guide to the tax rates, caps, thresholds and rebates that apply or are related to superannuation

More information

Taking control of your superannuation. Good SMSF Advice helps business owners achieve their goals.

Taking control of your superannuation. Good SMSF Advice helps business owners achieve their goals. Taking control of your superannuation Good SMSF Advice helps business owners achieve their goals. Are you in the right superannuation structure? Many Australians outsource the management of their superannuation

More information

ESTABLISHING AN SMSF STEPS INVOLVED AND ISSUES TO BE CONSIDERED

ESTABLISHING AN SMSF STEPS INVOLVED AND ISSUES TO BE CONSIDERED Individuals face a number of considerations in deciding to establish a Self Managed Superannuation Fund (SMSF). This article considers some of those considerations and outlines some of the steps involved.

More information

If you work in Australia, your employer may have to contribute to a superannuation fund for you under the Superannuation Guarantee system if you:

If you work in Australia, your employer may have to contribute to a superannuation fund for you under the Superannuation Guarantee system if you: Superannuation is a tax advantaged way of saving for retirement and makes up two of the three pillars of the Government s retirement income policy. The three pillars are: A Government funded means-tested

More information

Contributions are taxed differently depending on whether you are making contributions to a taxed or untaxed fund.

Contributions are taxed differently depending on whether you are making contributions to a taxed or untaxed fund. Tax and super Issue Date: 1 July 2015 SUP E R ANNUATION The information in this document forms part of the Product Information Booklets for GESB Super and West State Super, each dated 1 July 2015. You

More information

Tax on contributions. Non-concessional (after tax) contribution caps. Age at 1 July 2015 Annual cap Tax rate Under 65 $180,000* Nil 65-74 $180,000 Nil

Tax on contributions. Non-concessional (after tax) contribution caps. Age at 1 July 2015 Annual cap Tax rate Under 65 $180,000* Nil 65-74 $180,000 Nil This section summarises the main Federal Government taxes that apply to superannuation at the time of preparation. For more information, contact MyLife MySuper on 1300 MYLIFE (695 433) or the Australian

More information

Introduction for SMSF trustees. Running a self managed super fund

Introduction for SMSF trustees. Running a self managed super fund Introduction for SMSF trustees Running a self managed super fund NAT 11032-11.2013 NAT 72579-03.2013 NAT 71923-04.2013 NAT 74124-04.2013 NAT 8107-08.2012 Our commitment to you We are committed to providing

More information

How super works. MySuper. Member Booklet Supplement. 1 July 2015

How super works. MySuper. Member Booklet Supplement. 1 July 2015 Member Booklet Supplement How super works July 205 The information in this document forms part of the First State Super Member Booklets (Product Disclosure Statements) for: Employer Sponsored members dated

More information

SUPERANNUATION. Home Insurance. Super fundamentals. Foundations for your future

SUPERANNUATION. Home Insurance. Super fundamentals. Foundations for your future SUPERANNUATION Home Insurance Super fundamentals Foundations for your future As one of your most important financial investments, it s worth understanding how superannuation works. For many Australians,

More information

Contributing to your super

Contributing to your super SUP E R ANNUATION Contributing to your super GESB Super and West State Super ISSUE DATE: 1 July 2015 PREPARATION DATE: 26 June 2015 Government Employees Superannuation Board ABN 43 418 292 917 Contents

More information

How super works. VicSuper FutureSaver Member Guide

How super works. VicSuper FutureSaver Member Guide How super works VicSuper FutureSaver Member Guide Date prepared 1 July 2015 The information in this document forms part of the VicSuper FutureSaver Product Disclosure Statement (PDS) dated 1 July 2015.

More information

What Is A "Self-Managed Superannuation Fund"? Introduction. What is a SMSF?

What Is A Self-Managed Superannuation Fund? Introduction. What is a SMSF? What Is A "Self-Managed Superannuation Fund"? Introduction This memorandum explains what self-managed superannuation funds are, how they are regulated, what laws apply, who sets them up and what their

More information

General reference guide

General reference guide General reference guide (TPS.01) Issued: 1 July 2015 The Portfolio Service Super Essentials The Portfolio Service Superannuation Plan The Portfolio Service Retirement Income Plan This guide contains important

More information

Taxpayers Australia Inc

Taxpayers Australia Inc Taxpayers Australia Inc Superannuation Australia (A wholly owned subsidiary of Taxpayers Australia Inc) Glossary of superannuation terms These terms are commonly used in the superannuation sector. Account-based

More information

Your Guide. to the Meridian. Personal. Super Plan. Product Disclosure Statement. Issued 1 January 2004 MPS 4

Your Guide. to the Meridian. Personal. Super Plan. Product Disclosure Statement. Issued 1 January 2004 MPS 4 Your Guide to the Meridian Product Disclosure Statement Issued 1 January 2004 Personal Super Plan MPS 4 What this Guide is about MPSuper Product Disclosure Statement This Guide was prepared and issued

More information

Guide for notice of intent to claim a tax deduction for personal super contributions 2014/2015

Guide for notice of intent to claim a tax deduction for personal super contributions 2014/2015 Guide for notice of intent to claim a tax deduction for personal super contributions 2014/2015 Under section 290-170 of the Income Tax Assessment Act 1997 Need Help? For more information about your eligibility

More information

Running a self-managed super fund

Running a self-managed super fund Introduction for SMSF trustees Running a self-managed super fund Your role and responsibilities as a trustee NAT 11032-10.2011 Our commitment to you We are committed to providing you with accurate, consistent

More information

Super terms explained

Super terms explained Super terms explained Here is a useful reference guide to some of the terms we use with Super. The guide provides plain English information about Super, but does not give formal legal definitions. For

More information

Self-Managed Super Fund Basics and Buying Property with your SMSF Money

Self-Managed Super Fund Basics and Buying Property with your SMSF Money RETIRE WITH MORE Self-Managed Super Fund Basics and Buying Property with your SMSF Money YOUR GUIDE TO BUYING PROPERTY WITH YOUR SMSF MONEY $$$ Unit 1, 3 Robinson Place Rockingham WA 6168 admin@integratax.com.au

More information

State Super retirement FuND

State Super retirement FuND State Super retirement FuND Additional Information Booklet Date of Issue 20 January 2015 State Super Financial Services Australia Limited ABN 86 003 742 756 Australian Financial Services Licence No. 238430

More information

personal superannuation solutions. Disclosure Document for Self-Managed Superannuation Fund Services Updated 14 April 2011.

personal superannuation solutions. Disclosure Document for Self-Managed Superannuation Fund Services Updated 14 April 2011. personal superannuation solutions. Disclosure Document for Self-Managed Superannuation Fund Services Updated 14 April 2011. Contents. PART A: BELL POTTER PERSONAL SUPERANNUATION SOLUTIONS WHO IS INVOLVED

More information

SMSF Contributions Getting Assets into your SMSF

SMSF Contributions Getting Assets into your SMSF Getting Assets into your SMSF Agenda What is a contribution? When is a contribution made? In-Specie transfer of assets Contribution caps Contribution strategies How can we help? What is a Contribution?

More information

Your Super Guide. Product Disclosure Statement 15 December 2014 Nestlé Super Insured Accumulation category. Contents. Important Information

Your Super Guide. Product Disclosure Statement 15 December 2014 Nestlé Super Insured Accumulation category. Contents. Important Information Australia Group Superannuation Fund Your Super Guide Product Disclosure Statement 15 December 2014 Nestlé Super Insured Accumulation category Contents 1 About Nestlé Super p2 2 How super works p2 3 Benefits

More information

Issued ₁ July ₂₀₁₅. Member guide. SuperLeader Fact sheet. AMP Corporate Super Registered trademark of AMP Life Limited ABN 84 079 300 379.

Issued ₁ July ₂₀₁₅. Member guide. SuperLeader Fact sheet. AMP Corporate Super Registered trademark of AMP Life Limited ABN 84 079 300 379. Issued ₁ July ₂₀₁₅ Member guide SuperLeader Fact sheet AMP Corporate Super Registered trademark of AMP Life Limited ABN 84 079 300 379. This is a member guide fact sheet for SuperLeader. It is an important

More information

Getting to know your SMSF Trust Deed

Getting to know your SMSF Trust Deed Getting to know your SMSF Trust Deed Trust Deed Age What are you missing out on? Regulatory change from OSS to SIS and Corps Act Related parties 3 year binding death benefit nominations Contribution splitting

More information

Are you ready to become part of Australia s largest superannuation pool?

Are you ready to become part of Australia s largest superannuation pool? Are you ready to become part of Australia s largest superannuation pool? This information is a summary based on Hayes Knight's understanding of the relevant legislation. It is general in nature and may

More information

Major Reasons for a Self Managed Superannuation Fund ( SMSF ) Trustee(s) Australian Taxation Office ( ATO )

Major Reasons for a Self Managed Superannuation Fund ( SMSF ) Trustee(s) Australian Taxation Office ( ATO ) Major Reasons for a Self Managed Superannuation Fund ( SMSF ) # Members control an SMSF and (subject to sole purpose test and other restrictions of Australian law) can choose investments (including own

More information

Tax deductible superannuation contributions

Tax deductible superannuation contributions Tax deductible superannuation contributions TB 35 TECHNICAL SERVICES ISSUED ON 29 OCTOBER 2014 ADVISER USE ONLY VERSION 1.1 Summary Employers and certain individuals can claim a tax deduction for contributions

More information

How super is taxed. VicSuper FutureSaver Member Guide

How super is taxed. VicSuper FutureSaver Member Guide How super is taxed VicSuper FutureSaver Member Guide Date prepared 1 July 2015 The information in this document forms part of the VicSuper FutureSaver Product Disclosure Statement (PDS) dated 1 July 2015.

More information

How super is taxed guide (AP.4)

How super is taxed guide (AP.4) How super is taxed guide (AP.4) Issued 1 January 2016 The information in this document forms part of the ESSSuper Accumulation Plan Product Disclosure Statement dated 1 January 2016. Contents Providing

More information

Additional Information Booklet

Additional Information Booklet SuperWrap Additional Information Booklet Dated 20 November 2015 This Additional Information Booklet ( Booklet ) has been prepared by the issuer of SuperWrap: BT Funds Management Limited ABN 63 002 916

More information

Your guide to super smart strategies.

Your guide to super smart strategies. Your guide to super smart strategies. What you ll find in this guide Learn more about super and discover how the super smart strategies can help you to grow your wealth, make the most of your super and

More information

Product Disclosure Statement

Product Disclosure Statement Product Disclosure Statement MYSUPER AUTHORISATION NUMBER 72229227691044 1 July 2014 NESS Super, the industry fund to power your financial future inside 1 About NESS Super 2 2 How super works 2 3 Benefits

More information

AMP Eligible Rollover Fund

AMP Eligible Rollover Fund AMP Eligible Rollover Fund Fact sheet Issued 30 June 2014 Issued by AMP Superannuation Limited ABN 31 008 414 104, AFSL No. 233060, the Trustee of AMP Eligible Rollover Fund ABN 32 931 224 407. Registered

More information

stc factsheet 13 information about the commonwealth

stc factsheet 13 information about the commonwealth information about the commonwealth government s superannuation co-contribution and the low income superannuation contribution This fact sheet provides an overview of the Commonwealth Government s superannuation

More information

Summary - Table for Appropriate Structure

Summary - Table for Appropriate Structure Summary - Table for Appropriate Structure Sole Investor Partnership Private Company Unit Trust Discretionary Trust Superannuation Fund Administered by Individual Partners Directors Trustee Trustee Trustee

More information

GUIDANCE NOTE - SMSFS & PROPERTY

GUIDANCE NOTE - SMSFS & PROPERTY GUIDANCE NOTE - SMSFS & PROPERTY GUIDANCE FOR CPA AUSTRALIA PUBLIC PRACTITIONERS FINANCIAL ADVISORY SERVICES The decision to establish a self-managed super fund (SMSF) requires careful consideration. While

More information

SuperAstute. Self Managed Super. Administration Services Guide March 2012. Distributed by

SuperAstute. Self Managed Super. Administration Services Guide March 2012. Distributed by SuperAstute Self Managed Super Administration Services Guide March 2012 Distributed by 2 Bendigo Wealth Superannuation This page has been intentionally left blank Contents Page About Self Managed Superannuation

More information

Superannuation What you can do before & after 30 June 2014. SuperStream

Superannuation What you can do before & after 30 June 2014. SuperStream NEWS Winter 2014 P (03) 9585 1988 F (03) 9585 1437 E info@griffithsacc.com W griffithsacc.com Page 2 Federal Budget Emerging tax & superannuation issues Page 3 Superannuation What you can do before & after

More information

The benefits of insuring through super. Macquarie Life

The benefits of insuring through super. Macquarie Life The benefits of insuring through super Macquarie Life While your clients are accumulating wealth, they also need to ensure adequate insurance cover is in place so they and their families are looked after

More information

How super is taxed. Inside. Accumulation 1 and Spouse Account members. The University of Melbourne THIS DOCUMENT WAS PREPARED ON 1 OCTOBER 2015.

How super is taxed. Inside. Accumulation 1 and Spouse Account members. The University of Melbourne THIS DOCUMENT WAS PREPARED ON 1 OCTOBER 2015. How super is taxed Accumulation 1 and Spouse Account members The information in this document forms part of the UniSuper Accumulation 1 Product Disclosure Statement and UniSuper Spouse Account Product

More information

Introduction for paying benefits from an SMSF. Paying benefits from a self-managed super fund

Introduction for paying benefits from an SMSF. Paying benefits from a self-managed super fund Introduction for paying benefits from an SMSF Paying benefits from a self-managed super fund NAT 74124-04.2013 Our commitment to you We are committed to providing you with accurate, consistent and clear

More information

End of financial year planning tips May 2014

End of financial year planning tips May 2014 End of financial year planning tips May 2014 With the end of the financial year fast approaching, it is a good time to review financial planning strategies with a view to optimising your outcomes. This

More information

Self Managed Super Funds

Self Managed Super Funds a guide to Self Managed Super Funds a guide to Self Managed Super Funds 1 disclaimer This ebook has been prepared by EJM Financial Services in conjunction with AMP Financial Planning Pty Limited, ABN 89

More information

MLC MasterKey Super & Pension Fundamentals MLC MasterKey Super & Pension How to Guide

MLC MasterKey Super & Pension Fundamentals MLC MasterKey Super & Pension How to Guide MLC MasterKey Super & Pension Fundamentals MLC MasterKey Super & Pension How to Guide Preparation date 1 July 2015 Issued by The Trustee, MLC Nominees Pty Limited (MLC) ABN 93 002 814 959 AFSL 230702 The

More information

Lump Sum My Retirement

Lump Sum My Retirement Lump Sum My Retirement General advice warning The schemes administered by Super SA are exempt public sector schemes and therefore we are not required to hold an Australian Financial Services licence to

More information

21 st CENTURY US ACCOUNTING Q&A TRUST

21 st CENTURY US ACCOUNTING Q&A TRUST 21 st CENTURY US ACCOUNTING Q&A TRUST Q. WHAT IS A TRUST? A. A trust is a business structure that requires a trustee, a trust and beneficiaries. The trustee holds property and earns and distributes income

More information

Career transition guide. We empower you. westernpacific.com.au

Career transition guide. We empower you. westernpacific.com.au Career transition guide We empower you. westernpacific.com.au Contents Introduction 3 Coming to terms with redundancy 3 Assessing your financial position 4 Securing employer payments 5 Redundancy and your

More information

Retirement Savings Account (RSA)

Retirement Savings Account (RSA) Retirement Savings Account (RSA) Product Disclosure Statement (PDS) Incorporated (by reference) Information Booklet - Superannuation, Rollovers and Pensions. As at 24 September 2014 Issued by the Qantas

More information

Member guide. Superannuation and Personal Super Plan. The information in this document forms part of the Hostplus Product Disclosure Statement issued

Member guide. Superannuation and Personal Super Plan. The information in this document forms part of the Hostplus Product Disclosure Statement issued Member guide. Superannuation and Personal Super Plan Product Disclosure Statement The information in this document forms part of the Hostplus Product Disclosure Statement issued Section 7. How super is

More information

Superannuation and Residency Fact Sheet - October 2014

Superannuation and Residency Fact Sheet - October 2014 Superannuation and Residency Fact Sheet - October 2014 A change in residence has significant implications for superannuation. A number of issues arise when an individual relocates overseas whether temporarily

More information

KPMG Staff Superannuation Plan Product Disclosure Statement

KPMG Staff Superannuation Plan Product Disclosure Statement KPMG Staff Superannuation Plan Product Disclosure Statement Prepared: 27 June 2014 Things you should know: This Product Disclosure Statement ( PDS ) is a summary of significant information and contains

More information

Retirement Savings Account (RSA)

Retirement Savings Account (RSA) Retirement Savings Account (RSA) Product Disclosure Statement (PDS) Incorporated (by reference) Information Booklet - Superannuation, Rollovers and Pensions. As at 12 March 2012 Issued by the Qantas Staff

More information

Member Booklet: RBF Tasmanian. Accumulation Scheme. Table of contents. About the RBF Tasmanian 2. Accumulation Scheme

Member Booklet: RBF Tasmanian. Accumulation Scheme. Table of contents. About the RBF Tasmanian 2. Accumulation Scheme Member Booklet: RBF Tasmanian Accumulation Scheme Information in this booklet is current as at 1 July 2015 Table of contents About the RBF Tasmanian 2 Accumulation Scheme How super works Benefits of investing

More information

FAMILY SUPER FUND (SMSF) NEWSLETTER

FAMILY SUPER FUND (SMSF) NEWSLETTER SPRING 2014 Super Legislation Update Key Measures A number of key superannuation measures are due to commence from 1 July 2014, as outlined below. The measures due to start from this time include the following:

More information

IOOF Technical Advice Solutions Client strategies for advisers. Superannuation and death benefits in the Simpler Super environment.

IOOF Technical Advice Solutions Client strategies for advisers. Superannuation and death benefits in the Simpler Super environment. IOOF Technical Advice Solutions Client strategies for advisers Superannuation and death benefits in the Simpler Super environment Adviser use only IOOF Technical Advice Solutions Since 1 July 2007, the

More information

SMSF insurance options and strategies

SMSF insurance options and strategies SMSF insurance options and strategies Agenda Will be looking at: Requirement to consider insurance Why hold insurance through an SMSF? Life Insurance Permanent Incapacity Temporary Incapacity. Requirement

More information

Personal Choice Private ewrap Super/Pension

Personal Choice Private ewrap Super/Pension Personal Choice Private ewrap Super/Pension Product Disclosure Statement (PDS) Part 2 Additional Information I 1 July 2014 PERSONAL CHOICE PRIVATE This Personal Choice Private ewrap Super/Pension PDS Part

More information

SMSF Facts Sheet. July 2015

SMSF Facts Sheet. July 2015 SMSF Facts Sheet July 2015 Key Superannuation Rates and Thresholds - 2015/16 Contributions The tables below contain the amounts of concessional and non-concessional contributions you may make to your superannuation

More information

Setting up a self-managed super fund

Setting up a self-managed super fund Introduction for people setting up an SMSF Setting up a self-managed super fund What you need to know to set up a self managed super fund NAT 71923-11.2013 NAT 72579-03.2013 NAT 71454 03.2013 COVER ICON

More information

UNDERSTANDING SIS CONCEPTS

UNDERSTANDING SIS CONCEPTS This article provides an understanding of the SIS concepts relating to superannuation funds. Regulated Superannuation Fund Whether a fund is established as a SMSF or not, all funds must be a "regulated

More information

Personal deductible superannuation contributions

Personal deductible superannuation contributions Last updated: 1 January 2011 Personal deductible superannuation contributions People who are entirely self employed, such as those operating their business as a sole trader or through a partnership, are

More information

End of Year Superannuation Fund Circular To all Super Fund Trustees

End of Year Superannuation Fund Circular To all Super Fund Trustees 21 June 2013 End of Year Superannuation Fund Circular To all Super Fund Trustees Maximise year end opportunities and minimise risks The end of the financial year will be here before you know it. In this

More information

Tax tips and tax return checklist

Tax tips and tax return checklist Tax tips and tax return checklist To help you complete your tax return, the following lists outlines the payments that are classified as income and those that are classified as expenses across a range

More information

The ins and outs of self-managed super

The ins and outs of self-managed super The ins and outs of self-managed super Everyone likes to be in control of their own destiny particularly when it comes to finances. Running your own super fund and therefore taking complete control over

More information

ADVANCE RETIREMENT SAVINGS ACCOUNT Annual Report for year ended 30 June 2014. Issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724

ADVANCE RETIREMENT SAVINGS ACCOUNT Annual Report for year ended 30 June 2014. Issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 ADVANCE RETIREMENT SAVINGS ACCOUNT Annual Report for year ended 30 June 2014 Issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 CONTENTS Introduction... 1 Recent developments in superannuation...

More information

THE TRUTH ABOUT SMSFs

THE TRUTH ABOUT SMSFs THE TRUTH Doing it yourself with a Self Managed Super Fund ABOUT SMSFs by Nick Bedding 1 Doing it yourself with a Self Managed Super Fund Table of contents Introduction Chapter One What s it all about?

More information

Defence Bank Super Assured Retirement Savings Account

Defence Bank Super Assured Retirement Savings Account RETIREMENT SAVINGS ACCOUNT (RSA) Defence Bank Super Assured Retirement Savings Account Superannuation fee free. The way it should be for all Australians. General Information and Application Form Product

More information

Self Managed Super Funds

Self Managed Super Funds Self Managed Super Funds www.powersmsf.com.au BRISBANE 10/ 8 Metroplex Ave Murarrie QLD 4172 PO Box 518 Cannon Hill QLD 4170 P 07 3906 2888 F 07 3906 2889 BILOELA 54 Callide Street Biloela QLD 4715 PO

More information

Atwood Oceanics Australia Superannuation Plan sub-plan of The Executive Superannuation Fund

Atwood Oceanics Australia Superannuation Plan sub-plan of The Executive Superannuation Fund Atwood Oceanics Australia Superannuation Plan sub-plan of The Executive Superannuation Fund ACCUMULATION DIVISION INCORPORATED INFORMATION Prepared: 11 September 2012 The issuer and Trustee of the Atwood

More information