Employee benefits- better in superBY JEFFREY SCOTT | VOLUME 4, ISSUE 1 In this time of fiscal responsibility, businesses need to weigh the costs and benefits of any expenditure. At the same time, employers want to retain good employees and accordingly ... Get articles like this delivered to your email - Sign up for the free weekly newsletter  More Articles |
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DEANNE STEWART
CHIEF EXECUTIVE OFFICER
AWARE SUPER
CHIEF EXECUTIVE OFFICER
AWARE SUPER
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I'm surprised that there was no mention in the article of the impact of lower cont caps on SCI arrangements. An old fogey on a decent salary (like me) can end up having a big chunk of their cont cap chewed up by SCI premiums. Isn't it likely that funds will find a way to help members take their SCI outside super (where they'll still get a deduction for the premiums) and free up more of their cap?
Excellent article.
I'm surprised that there was no mention in the article of the impact of lower cont caps on SCI arrangements. An old fogey on a decent salary (like me) can end up having a big chunk of their cont cap chewed up by SCI premiums. Isn't it likely that funds will find a way to help members take their SCI outside super (where they'll still get a deduction for the premiums) and free up more of their cap?