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Super push to the bush

By Madeleine Collins
1 minute read

Country accountants and planners can go online for super help.

A peak accountancy body is going online to help country Australians get to grips with the raft of super changes.

The Institute of Chartered Accountants (ICA) has developed a 40-minute internet video stream that explains the Federal Government reforms.

It is targeted at accountants and financial planners who cannot access training and information seminars because most are held in metropolitan areas, ICA manager financial planning and superannuation Hugh Elvy said.

"This web cast provides chartered accountants, regardless of geographical location, with a source of recent and comprehensive information," Elvy said.

It covers the rationale behind the changes, coping with the transitional period, tax implications for contributions, benefits paid to members at retirement, employer contribution strategies and self managed super funds (SMSFs).

It gives tips on incentives to work and save and how super saving can be drawn down in retirement.

The ICA has around 2200 members in regional New South Wales alone.