Contributions

An Unallocated Contributions Account (“UCA”) is a suspense account of a superannuation fund to which contributions can be credited on an interim basis pending the allocation by the trustee to the relevant member account. This valuable document explains all.

This resolution authorises the establishment of an unallocated contributions account so that contributions can be received by the Trustee and credited to a general account of the superannuation fund pending their allocation to the relevant members.

This resolution authorises the allocation of one or more contributions to the unallocated contributions account of the Superannuation Fund pending the allocation of those contributions to the member contribution account of the relevant member.

Allows the trustee to transfer concessional contributions made in June to be allocated to member accounts in July

This resolution may be used to transfer all or part of a contribution which has previously been allocated in June 2024 to the unallocated contributions account to the relevant member.

This resolution may be used to terminate an unallocated contributions account as the Trustee no longer undertakes contribution management using an unallocated contribution account