SUPERANNUATION – A BRIEF EXPLANATION
Superannuation is one of the most effective vehicles for controlling the distribution of assets upon your death. You are able to elect your spouse and/or Dependent children to receive lump sum and/or pension payments. It is generally more tax effective to hold all of your life insurance within your superannuation fund and you can control who gets what in the event of your death.
Are all your superannuation accounts in one single account? Having too many super funds can cost you thousands of dollars in extra fees paid over the life of your super. By combining all your super accounts into one, you’re likely to save money on fees, remove the hassle of keeping track of several accounts and avoid unnecessary paperwork.
2. LOST SUPERANNUATION
Here at McFarlane Orr we are able to complete a “lost Superannuation” search on your behalf- with your permission and if there are any accounts in your name, these can be consolidated into one primary superannuation fund.
The Mirus Group trading as McFarlane Orr and Co is an Authorised Representative (ASIC Corporate AR No. 262094) of Securitor Financial Group Ltd, ABN 48 009 189 495 AFSL 240687