Superannuation funds to step up in financial advice
The Albanese government has recently made a significant decision regarding the provision of financial advice in Australia.
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The Albanese government has recently made a significant decision regarding the provision of financial advice in Australia.
The new payday super rules will be very beneficial for the self-managed super fund sector said the SMSF Association. The SMSF Association has welcomed the decision and said the decision will particula
The quarterly deadlines for superannuation guarantee payments will expire in 2026 under a plan put forward by the Albanese government.
From 1 July 2026 employers will be required to pay their employees' super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super.
The government’s move to make wages and super payable simultaneously prompts mixed reactions from stakeholders. Payday super is a win for workers but a burden for small business say stakeholders in