Superannuation Assignment Example | Topics and Well Written Essays - 1000 words

Superannuation - Assignment Example Adam can use this option to increase his superannuation with $90,000 more dollars so as to make the total amount of his superannuation funds to be $540,000. This option is only allowed for persons who are below fifty five years of age and Adam is eligible as he is fifty three years old. Employers are required to contribute 9.5% of their workers earnings to their superannuation funds. Adam’s is earning $35,000 and thus his employer is required to pay $3,325 towards Adam’ superannuation fund. The Low Income Superannuation Contribution refund is applicable to Adam because he earns less than $37,000. This scheme is applicable to people who whose superannuation contribution is made by their employers and those that earn less thus $37,000. Adam meet these two requirements thus he is eligible for the scheme. The amount in dollars that will actually be invested in Adam’s superannuation fund is $3,325. This is because the Low Income Superannuation Contribution refund is a refund of the concessional tax levied on employer’s contribution. Thus considering this scheme, the total amount of employer’s contribution will be invested in Adam’s superannuation fund. Benjamin should consider making personal contributions of $180,000 to his superannuation fund. Then if he is employed his employer will pay for his contributions where he will be eligible for the Low Income Superannuation refund thus the total employer’s contribution will be invested in his fund. The requirements in a SMSF investments strategy are; considering business risks, the investment must give adequate gains to the fund members, the investments must be diversified sufficiently, the needs, employment and income needs of the members must be met by the investment and finally the fund has to be able to sustain the investment as well as pay member benefits. The considerations that have to be made while making an SMSF investment are majorly

Corporate and interpersonal communication seminar paper Essay

Corporate and interpersonal communication seminar paper - Essay Example corporations, even as early as the 1980s when the term â€Å"greenwashing† gained popular usage as a neologism to describe seedy corporate tactics, to advertise products as â€Å"green†, exploiting corporate social responsibility and corporate ethics as a means of promoting one’s products and services as more altruistic (or ethical) than those of competitors. From the perspective of the corporation, greenwashing is advantageous for those in one’s target market because it gives an additional selling point. Even if the greenwash is an exaggeration, rather than an outright lie, the marketing of that product is able to create a short- and long-term benefit scheme with which to sell the product. However, a corporation facing the accusation of greenwashing can quickly find itself in a public relations feud with environmental groups that are increasingly loud and vocal with those sympathetic with what it is trying to achieve. Additionally, because of the prevalence of greenwashing in American industries, it is likely environmental marketing groups like TerraChoice and ENN are set on making an example of demonizing corporations accused of greenwashing their products and services, due to the prevalence of the practice among primary competitors in most industries. Therefore, responding to an accusation of greenwashing from consumer or envir onmental interest groups is a tricky situation no corporation should underestimate, especially given the increasing weight the value of environmental sustainability is being given in the new â€Å"green economy†. What defines the concept of a greenwash, however, might befuddle some in-house marketers, advertisers, and public relations people for a loop both in understanding the nature of acceptable practices in product promotion and in the proper response to an accusation of such fraud. Irrefutably, the best way of preventing an accusation of an act is no consciously avoid committing such an act in the first place; but, of course, it is