GESB super has unique tax treatment with significant financial benefits- but it’s crucial to get the right advice at the right time though as the ‘times are a çhangin’ and the WA state government has recently passed legislation that could see the transfer of your GESB account to the Australian Taxation Office (ATO).

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GESB Super and West State Super are both classified as EPSSSs. Although both schemes have unique features, particularly West State Super, members can be assured that they meet the key requirements of MySuper. GESB Super is part of the Government Employees Superannuation Fund (GES Fund). This PIB summarises important information and contains references to other important documents that relate to GESB Super.

Case study examples have been included to help you understand how a transition to retirement strategy could work for you. GESB's books were bolstered by an influx of member contributions as public servants took advantage of generous tax savings and pumped more of their own money into super. Members funnelled $822 million into their nest eggs. The State's biggest superannuation fund, GESB, was one of the nation's best performers last financial year. Figures compiled by SuperRatings show GESB's balanced growth plan delivered a 13.2 per cent return for 2013-14.

What can I do in Member Online. Check your balance GESB Super. This fund replaces both Gold State & West State for all new state government employees since April 2007.

GESB | 688 followers on LinkedIn. We’re run by the WA public sector for the WA public sector, which means we put our members first. Our members trust us to look after their super, support them

It … Member Online will be intermittently unavailable from 8am to 6pm (AWST) on Saturday, 10 April for scheduled maintenance Are you at the peak of your earnings potential? Consider accelerating your super by comparing products with our superannuation star ratings. 2015-12-30 Contribution caps for GESB Super or West State Super, do not include contributions already made to your Gold State Super account.

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GESB Super’s ICR is not fixed, and is reviewed periodically and adjusted to take into account prevailing investment expenses. The actual ICR can only be determined at the end of each financial year. 6 The Indirect Cost Ratios for each for GESB Super’s investment plans are different. gesb.wa.gov.au/forms or by calling your Member Services Centre on 13 43 72. To make Downsizer contributions, visit the ATO’s website at ato.gov.au for a copy of their ‘Downsizer contribution into super’ form. Please note: due to Federal Government changes to the rules relating to super, members will no longer be allowed to Description.

Australian share investments. Key: Fine Work to do Borderline Out of line The schemes administered by the Government Employees Superannuation Board include: GESB Super – A taxed accumulation scheme. The open default fund Accounts and features. +. GESB Super · West State Super · Gold State Super · Which account do you have? Our GESB Super new member checklist GESB Financial Advice. GESB super funds can have powerful tax and wealth accumulation benefits if used correctly and by a team with experience in working in The GESB Gold State Super Fund is a 'defined benefit fund', meaning your superannuation benefit is not 'market linked' and is backed by the Western Australian Many super funds and portfolio managers delivered strong results in FY2019, and The GESB Super Growth Plan over 2018-19 year returned 7.5% after fees Version 01-e0-02 page iii.
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146 000. Unisuper (7 investeringsalternativ). 413 000.

With currently around 240,000 members and over $30 billion in funds under management (as at 31 December 2019), GESB is the largest super fund in WA and one of the largest in Unlike West State Super, GESB Super is an industry standard scheme and doesn't have any special features compared with REST. GESB Super is however fairly good on fees though I'm not sure how good compared to REST, it may be worth comparing the two. Are you at the peak of your earnings potential? Consider accelerating your super by comparing products with our superannuation star ratings.
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The State's biggest superannuation fund, GESB, was one of the nation's best performers last financial year. Figures compiled by SuperRatings show GESB's balanced growth plan delivered a 13.2 per cent return for 2013-14. Over the past five years, its balanced growth plan has delivered 10.2 per cent per annum, ranking it third in the country.

AMP Flexible Super - MySuper, MySuper Gold Infinity Recognised, Master Trust- GESB Super, Platinum 10 Year Platinum Performance, Government-Non 28 Jul 2019 The industry is shining the spotlight on the annual returns of superannuation funds. And with only two super funds — WA Super and GESB Mrs Sharp* is a 60 year old primary school teacher who receives a salary of $105000 (not including superannuation) per annum. She has a GESB West State . Insurance transfer declaration form.

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The $17 billion West Australian Government super fund, GESB, has terminated its asset consulting contract Read more.

We focus on maximising the lucrative benefits available for members of the various GESB superannuation schemes including: West State Super; Gold State Super Are you a member of Australian Super, Q Super, SA Super, GESB or Tasplan? Send them a message asking them to divest from fossil fuels!

5, Transport Superannuation Fund, Transport Superannuation Act 1988 (Vic.) 6, GESB Super (Retirement Access) Scheme, State Superannuation Act 2000 (WA).

What has happened over the years, is that many super funds pricing (fees) has become extremely sharp, to the point where they are half the fees of a GESB account.

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