Category Archives: Superannuation

Minimum pension drawdown – reduced amounts to continue

The government has announced that it will extend for another year the 50 per cent reduction in the required minimum payment amounts that must be made from account-based, allocated and market-linked pensions. The minimum amounts had been reduced for the … Continue reading

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Tax review considers compulsory annuity plan

A FEDERAL Government scheme requiring retirees with modest superannuation nest eggs to ”buy” a pension would be the most efficient way of ensuring self-funded retirees do not run out of money during their old age, research for the Henry tax … Continue reading

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Govt announces free superannuation clearing house service for small businesses

The Minister for Superannuation, Chris Bowen MP, and Minister for Small Business, Craig Emerson MP, last week announced that the Government will deliver its free superannuation clearing house service for small business through Medicare Australia. The clearing house service will … Continue reading

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