Corporate Super

Corporate Superannuation has always been difficult and time consuming to manage within a business.

Since choice of superannuation was legislated from 1 July 2005, corporate superannuation has become even more complex. All companies are now required to have a default fund, with minimum levels of insurance cover and follow strict payment guidelines or face penalties.

At Robertson Scannell, we are able to assist you to locate a solution to assist with the process of:

• Establishing a corporate superannuation account that meets legislative requirements
• Review/Tender your existing corporate superannuation fund to see that it is competitive in this ever changing market
• Implement corporate superannuation insurance structures
• Assist in the management and training of your corporate superannuation administration staff
• Providing your staff with benefits employees of similar business may not receive

The Benefits of having a corporate superannuation plan or small business superannuation plan may include;

• Free super splitting facility via a dedicated clearing house (why make a payment for each employee when you can make one payment for all of them)
• consolidated reporting
• online access 24 hours a day
• lower administration fees (subject to plan size) than generally available to personal super plans due to the purchasing power achieved by a Robertson Scannell adviser negotiating on your behalf with the various institutions
• staff having access to a proactive independent financial adviser that lowers the cost of advice by offering your staff access to financial planning advice enabling them to make the most of their super for their future retirement
• automatic acceptance limits for insurance cover. This eliminates the time consuming process of filling in insurance application forms and personal questionnaires and going through the underwriting process for staff who want to hold (and fund) life insurance cover via their super funds. This also meets employers legal obligation to provide some default insurance cover that can be tailored to suit your staffs needs while providing staff members access to competitive insurance rates
• other additional benefits through an exclusive program offering discounts with companies such as MBF, Myer, Bunnings, Hoyts and many more

Contact the team at Robertson Scannell today for an obligation free assessment of your current financial situation.