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Showing 61 - 70 of 124 results for "Death benefits"

ATO clarifies SMSF death benefit income streams

KARREN VERGARA  |  MONDAY, 22 JUL 2019
... Regulations 1994, the ATO warned. If a breach occurs, trustees must act swiftly to prevent other potential by ensuring death benefits can cashed as soon as practicable. This is by immediately cashing the benefit in the form of a new retirement phase ...

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... "To recognise this, we have introduced gender-based pricing." Members can apply for an early release of insured death benefits if they suffer from an illness that will lead to death within 12 months. This timeframe will change to 24 months from August ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
... reliable and accessible estate planning, Rutter said. "Members can rely on the trustee to carry out and pay their death benefits according to their instructions. This is particularly important for members who have a blended family, or in cases where ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... finding out how to access super at preservation age; how transition to retirement pensions work; and paying super death benefits. AMP technical strategy manager John Perri said: "We've seen an increased focus on clients looking for ways to reduce their ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... death benefit nominations is open for consultation until May 24. Legislation on the distribution of superannuation death benefits, ATSI peoples' kinship structures and how the law accommodates these structures are up for discussion. The consultation ...

Interest in early access to super rises

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
... access it." Related issues raised by advisers on behalf of clients include understanding how TTR pensions, super death benefits, and total and permanent disability insurance inside super works.

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... balance when they are commuted or rolled over, resulting in a nil debit. He said the amendments would also ensure death benefits that include life insurance proceeds are not subject to tax when rolled over to a new super fund. Alongside the legislative ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... defined benefit under the transfer balance cap, he added. Finally, Robert said he aims to change the law to make sure death benefits that include life insurance proceeds are not subject to tax when they are rolled over to a new superannuation fund. This ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
... super; identification issues; conditions of early release; and the difficulties associated with the release of death benefits. In an update on Monday, the Royal Commission listed the companies and entities that will appear, including: AMP Super and NM ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... look at identification issues, conditions of early release and the difficulties associated with the release of death benefits. As a financial counsellor for Anglicare in the Northern Territory, Philip Bowden told the Commission that 80% of his time is ...