Preparing for tax year end

The annual pension review will be performed in early July, and new minimum (and maximum for TTRs) amounts will be set for the new FY, based on 1 July opening balances. 

Please note that adhoc payments and pension commencements cannot be processed until completion of the annual review. Typically this will be after 15 July.

New Praemium Super Accumulation Account Applications

Applications must be received by 5:00pm AEST 24 June 2025, in order for a client to be admitted to the fund prior to 30 June 2025. Please note the cut-off dates for contributions and rollovers in the table above.

Contributions/Rollovers - supporting documentation

All appropriate supporting documentation (eg. Downsizer Contribution Form) must be received by 5:00pm 26 June 2025.

We recommend that you check with your bank for clearing times and allow plenty of time for funds to clear ahead of the cut-off date.

Rollovers: Please keep in mind that some transferring funds can take over three weeks to deliver the member's benefits via a SuperStream message the fund has initiated, and the timing of receipt is outside of our control.

Note that SuperStream clearing houses used for rollovers and employer contributions can have internal delays of up to six days.

Benefit payments

This includes account closures, rollover outs, contribution splitting and commutations. Instructions must be received by 5:00pm AEST, 13 June 2025.

Adhoc pension payments in June will continue to be available with the exception of the pension freeze from 10 June 2025 until 14 June 2025.

The final cut-off for an adhoc pension payment is not later than 5:30pm AEST 23 June 2025.

Please note that adhoc payments and pension commencements cannot be processed until completion of the annual pension review. Typically this will be after 15 July.

Managed Account Annual Statements

Annual statements are issued to investors in August via Investor Portal. A notification will be sent to investors when this statement is available.

Praemium Super Annual/Member Statement

Praemium Super member statements are issued to investors by the end of December via Investor Portal. A notification will be sent to investors when this statement is available.

Pension and Income Protection Payment Summaries

Payment Summaries are issued for Pension members who have had PAYG withheld, and members in receipt of Income Protection insurance payments. These are issued to investors mid-July via Investor Portal. A notification will be sent to investors when this statement is available.

Managed Account Tax Reports

Tax reports containing information required to submit a tax return are issued to investors in September and October via Investor Portal.

In order to have the most accurate tax information, these statements are issued once all trust information for the account has been received. A notification will be sent to investors when this statement is available.

Private Wealth & Smartwrap accounts

Annual investor statements are issued in September and Tax reports are issued to investors in October and November when these statements are available. An interim Tax report will be provided to investors in mid-November where tax components are still outstanding.