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Showing results for tags 'superannuation'.
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Have you moved from the UK and are wondering: Should I leave my assets in the UK? What are my options in Australia? How does the Oz system work? Are there benefits to moving my pensions to Oz? Is there an easy way to organise it? What will I be entitled to here & from the UK? Next free seminar 6pm on Tuesday 27th July at: Mandurah City Football Club Hyundai Stadium Halls Head WA 6210 Register for the next seminar at www.ukpensions.merideon.com.au or call 08 95835299.
Hi, I recently found out that my employer had not being paying Super contributions despite my payslips showing that they had been topping up my salary since I started my employment 7 months ago. When I asked them for my Super membership number they could not supply it and I was later informed that there had been an "oversight" and my Super had not even been set up. They then quickly set me up a default company Super (I've signed nothing as of yet) and said they would fund my "Newly" set up account with the amounts owing me from the previous tax quarters. Now I may be wrong but I'm not sure they're allowed to do this as I was under the impression the ATO investigate then would get my funds and pay it in to my Super plus any interest......but...... in theory my payments are not late due to me not actually being a member of a Super until very recently.....but they have being "topping up since August". Its a bit of an almighty mess and the ATO weren't sure and advised I report it after Feb 28th. My main concern is where do I stand in all this and what would be the best course of action or has anyone else experienced this?