I recently wrote about ASIC commencing penalty proceedings against CBUS Superannuation Fund. In those proceedings, ASIC asserts CBUS failed to act efficiently when handling claims for the payment of Death Benefits of members. Well, ASIC is on the civil penalty...Read More
The preparation of your estate plan involves a number of matters, especially the payment of your superannuation death benefit. From 1 July 2017 a “Transfer Balance Cap” was introduced. In broad terms, the effect of the Cap is to limit the total amount of...Read More