{"id":120952,"date":"2020-11-09T01:47:44","date_gmt":"2020-11-09T01:47:44","guid":{"rendered":"http:\/\/simplesolutionsaccounting.com.au\/?p=120952"},"modified":"2020-11-09T01:47:44","modified_gmt":"2020-11-09T01:47:44","slug":"recent-law-amendments-extend-superannuation-choice","status":"publish","type":"post","link":"https:\/\/simplesolutionsaccounting.com.au\/2020\/11\/09\/recent-law-amendments-extend-superannuation-choice\/","title":{"rendered":"Recent Law Amendments Extend Super Choice"},"content":{"rendered":"

Recent law amendments extend super choice<\/span><\/p>\n

Recent amendments to the law will give more Australians the opportunity to choose their own superannuation fund \u2014 preventing them from being locked into a specific super fund under the terms of an enterprise bargaining agreement.<\/p>\n

New workplace determinations and enterprise agreements made on or after 1 January 2021 must provide employees the right to choose the super fund to which their employer makes compulsory super contributions.<\/p>\n

This means some existing members of super funds may choose to exercise this right and change to a different super fund.<\/p>\n

To keep abreast of Superannuation changes you can sign up for the ATOs newsletter here<\/a>.<\/p>\n

Source: ATO Website, 22 September 2020<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Recent law amendments extend super choice Recent amendments to the law will give more Australians the opportunity to choose their own superannuation fund \u2014 preventing them from being locked into a specific super fund under the terms of an enterprise bargaining agreement. 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