This page will guide you through the process of:
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
- Select the Reserve Account that is being transferred from by using the drop-down
- Select Member Account the balance is being transferred to by using the drop-down
- Transfer Date - following date format DD/MM/YYYY
- Assessable Amount being transferred - This amount is going to count towards member Concessional Contribution Cap.
- Non-Assessable Amount being transferred - This amount is going to count towards member Non-Concessional Contribution Cap.
- Cap-Free Amount being transferred - This amount is not going to count towards any cap.
-
Enter Description, or use the Class default one "Member Account Transfer"
- Click Submit
Transferring from Accumulation Account to Reserve Account
- Select Member Account the balance is being transferred from by using the drop-down
- Select Reserve Account is being transferred to by using the drop-down
- Transfer Date - following date format DD/MM/YYYY
- Assessable Amount being transferred - This amount is going to count towards member Concessional Contribution Cap.
- Non-Assessable Amount being transferred - This amount is going to count towards member Non-Concessional Contribution Cap.
- Cap-Free Amount being transferred - This amount is not going to count towards any cap.
- Enter Description, or use the Class default one "Member Account Transfer"
-
Click Submit