This page will guide you through the process of:

• Transferring from Reserve to Accumulation Account

• Transferring from Accumulation Account to Reserve Account

If you intend to do a pension establishment or pension commutation please refer to the following user guide pages: Pension Establishment and Pension Commutation.

Do not use this screen to move amounts from pension accounts to accumulation accounts or vice versa.

Navigate to Fund Level > Members > Member Account Transfer

Transferring from Reserve to Accumulation Account

1. Select the Reserve Account that is being transferred from by using the drop-down
2. Select Member Account the balance is being transferred to by using the drop-down
3. Transfer Date - following date format DD/MM/YYYY
4. Assessable Amount being transferred - This amount is going to count towards member Concessional Contribution Cap.
5. Non-Assessable Amount being transferred - This amount is going to count towards member Non-Concessional Contribution Cap.
6. Cap-Free Amount being transferred - This amount is not going to count towards any cap.
7. Enter Description, or use the Class default one "Member Account Transfer"
   
   
8. Click Submit

Transferring from Accumulation Account to Reserve Account

1. Select Member Account the balance is being transferred from by using the drop-down
2. Select Reserve Account is being transferred to by using the drop-down
3. Transfer Date - following date format DD/MM/YYYY
4. Assessable Amount being transferred - This amount is going to count towards member Concessional Contribution Cap.
5. Non-Assessable Amount being transferred - This amount is going to count towards member Non-Concessional Contribution Cap.
6. Cap-Free Amount being transferred - This amount is not going to count towards any cap.
7. Enter Description, or use the Class default one "Member Account Transfer"
   
   
   
8. Click Submit