We’re supporting key industries and the community As a nominated ‘default fund’ in the Fitness Industry and Horse & Greyhound Training Awards, NSF Super enjoys a strong relationship with employers in both industries, and is always keen to support key industry associations and events. This year, the team at NSF Super have been proud to […]

Looking at the government’s Single Touch Payroll proposal In December last year, the government released further information on their proposal to introduce Single Touch Payroll (STP), which involves streamlined electronic reporting of PAYG withholding and superannuation contributions for businesses. Benefits These measures will provide the following benefits to businesses: Reporting of PAYG withholding to the […]

SuperStream Compliant Contributions – Thanks for your help! We understand that it hasn’t necessarily been an easy process to meet the requirements for making compliant super contributions under the government’s SuperStream legislation. This has meant providing super contribution data in a compliant, electronic manner, and paying contributions electronically too. The good news is that nearly […]

Changes to insurance benefit amounts The NSF Super Trustee recently issued a Significant Event Notice (SEN) to members relating to changes to insurance benefit amounts, premiums and terms from 1 July 2016. You can view the SEN by clicking here.

Binding beneficiary option From 1 July 2016, the Trust Deed of NSF Super will be amended to enable binding death benefit nominations, providing our members with the ability to gain greater estate planning flexibility and peace of mind when nominating loved ones to receive their super benefit upon death. Currently, NSF Super members are only […]

Super rates and thresholds for 2016/17 The Australian Taxation Office (ATO) has released the key superannuation rates and thresholds for the 2016/17 financial year. Concessional contributions cap – the cap will remain at $30,000 for the 2016/17 year. A higher cap of $35,000 applies to those aged 49 years or over on 30 June 2016. […]