Tag: superannuation

Superannuation death benefits (inclusive of any life insurance held by a superannuation fund on behalf of a member) generally do not form part of the deceased’s estate.  It is paramount that members of superannuation funds put mechanisms in place to ensure their superannuation interests are distributed efficiently and according to their wishes in the event of their death.

Specifically, we cover the proposed changes to excess non-concessional contributions, Superannuation Guarantee (SG) rates, paid parental leave, and the temporary budget repair levy.  It’s worth noting that these policy changes are proposals only and require the passage of legislation to become effective