From 1 July 2014, employers with 20 or more employees cannot make superannuation contributions to employees’ super funds by cheque under a new law. The law also requires employers with less than 20 employees to comply after 01 July 2015. However, the law does not apply if the employer is related to your SMSF. As…

In previous years, the government has made a large number of changes to the superannuation law and regulations. But in this year’s budget, only small changes were made which will directly influence the self managed superannuation funds (SMSFs) industry. One of the changes is with regards to accessing superannuation under the terminal illness condition. According…