NEWS

Covid-19 – Reduction in Minimum Drawdown Rates

The Government is helping retirees to manage the impact of volatility in financial markets on their retirement savings by temporarily reducing superannuation minimum drawdown requirements. The Government is also reducing social security deeming rates in recognition of the impact of the low interest rates on

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Covid-19 – Temporary Early Access to Superannuation

In response to the economic consequences of the Covid-19, yesterday (22 March 2020) the Government announced Special access to existing superannuation balances will be available to those who have experienced significant reductions in their income, are unemployed or who have been retrenched. Eligibility Members will

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1 July 2019 Superannuation Changes

In February 2019, a number of laws were passed through Parliament that will see changes to superannuation in the coming year.  The changes are due to commence from 1 July 2019. These reforms join other recent changes first proposed in the 2018/19 Federal Budget. The

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2019-20 Superannuation Tax Rates and Thresholds

We have produced a comprehensive reference guide to the latest Superannuation Rates and Taxes providing a quick check of contributions limits, conditions of release and tax rates etc.. You can Download the reference guide and always have the current rates close at hand We also have a

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Is your SMSF Deed non compliant?

As you may be aware, the law governing superannuation in general, and Self Managed Superannuation Funds in particular, is regularly evolving. Supernova continuously monitors the changes that occur in self managed superannuation to ensure you are kept up to date with the latest changes, and

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DOES SUPERNOVA COMPETE WITH ME FOR SMSF CLIENTS

No Unlike some of our competitors who, in addition to providing services to accountants/advisers, also offer a retail product to trustees in direct competition, Supernova only market to accountants and advisers. Our wholesale fees are only available to SMSF professionals including financial planners, accountants and brokers.

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