Boost your Super Fund - Advivo SMSF Accountants Brisbane

Five Tips for Boosting Your Super

How to Retire with a Larger Super Fund 1. Make voluntary super contributions If you want a comfortable retirement, your employer’s compulsory 9.5% contribution may not be enough to build the nest egg you need. Making extra voluntary contributions is one of the simplest ways to boost the amount of super you’ll have available when you…

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,…

Have You Lost Sight of Your Super?

Super – Where art thou, Super? As at 30 June 2016, there is over $5.7 million in lost super waiting to be claimed. Given this, the ATO is keen to reunite members with any lost super they may have accumulated over the years. How Does Super Become ‘Lost’? Super becomes ‘lost’ when funds haven’t been…

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Why is my Self Managed Superannuation Fund Audited

Understanding The Annual Audit on SMSF’s Why Is My Super Fund Audited? If you run a SMSF, it is a statutory obligation under the Superannuation Industry (Supervision) Act (SISA) and Superannuation Industry (Supervision) Regulation (SISR) that your SMSF is audited annually by an approved independent auditor. A SMSF audit involves a highly comprehensive analysis of your fund’s financial and…

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Superannuation 101

Superannuation – What It Is and How It Works At Advivo, we believe that understanding how super works will put you in a better position to make the best choice when it comes to super and your retirement. That is why we have decided to make it our focus for November. Since superannuation is a…