Beware Super Funds Offering Incentives: ASIC

ASIC Advises Businesses to Be Wary of Default Funds with Inducements The Australian Securities and Investments Commission (ASIC) has updated its guide to help employers select a default superannuation fund for their employees. The guide sets out a range of factors for employers to consider when deciding on a default super fund for employees (eg. fees,…

SMSF Income Stream

Receiving Income Stream from Your  Self-Managed Superannuation Fund (SMSF) Generally, a self-managed superannuation fund (SMSF) can only pay a member’s superannuation benefits when the member reaches their “preservation age” and meets one of the conditions of release, such as retirement. The payment may be an income stream (pension) or a lump sum, depending on the…

Advivo Newsletter – October 2016

At Advivo we are practical and commercial in our approach to everything we do. One particular philosophy we follow is that of Stephen Covey’s – “Begin with the end in mind.” We promote this philosophy to our clients and we also practise what we preach internally. That is why we have developed our own internal…

Prevent and Detect Employee Theft

Being Aware of Employee Theft The following article topic is not one that people like to talk about, however, we have seen a few clients come across this issue and thought it was timely to discuss this topic. If you have concerns or suspicions, we encourage you to contact us for any assistance with a discrete…

The Science of Bill Collecting

Making Your Bill Collecting Less Difficult Like it or not, some customers always lag in their payments. It hurts your company’s cash flow and causes frustration for both your accounts receivable personnel and the customers. Tips on Effective Bill Collection But you can get your receivables in better shape and keep them there if you put your…