Superannuation

New monthly payments for contractors
As of 1st January 2010, GCS is proud to announce the commencement of monthly superannuation payments to all contractors.
(This includes both Superannuation Guarantee Contribution (SGC) and Salary Sacrifice.)

By law GCS is obligated to make one payment per quarter.
However due to the many requests, GCS has now implemented this new payment arrangement for the benefit of our contractors.  

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GCS' corporate certified fund: AMP CustomSuper
Global Consulting Services' (GCS) corporate certified Superannuation Fund is AMP CustomSuper. Newgrange Financial Services Pty Ltd manages the GCS fund which is accredited by AMP financial Planning.

GCS contractors are being offered the opportunity for Newgrange Financial Services to come and meet with you for one-on-one sessions. These sessions will include an update on GCS' corporate superannuation fund, the latest rules affecting your super and will provide you with an update on the current superannuation market.

In addition, information will also be provided on other products currently being offered through AMP CustomSuper membership, such as discounted home loans. If these sessions are of interest to you, please contact Keith Gillett on (03) 9557 8544.

GCS' AMP CustomSuper provides all GCS employees and contractors with a range of benefits including:

• No Contribution Fees;
• No Rollover fees;
• No Withdrawal Fees;
• Wholesale fee structure including 'plan level' fee discounts (depending on the total plan assets);
• Member fee waived when your account balance exceeds $10,000;
• Choice of 70 investment options from more than 20 specialist fund manager;
• A minimum insurance benefit of $10,000 for Death and Total and Permanent Disablement (TPD);
• Death, TPD and Salary Continuance insurance benefits are provided automatically without the need for medical evidence (Up to the Automatic Acceptance Level of the plan);
• Ability to increase your insured benefit for Death an TPD up to 3 times the standard amount with no proof of health required;
• On-site education seminars;
• Discounted home loan rates via AMP Banking;
• Temporary Salary Continuance of up to 75% of your salary for 2 years (please note this is via application only).

For more information on AMP CustomSuper, or to request for a complete Member Guide, please contact GCS on (03) 9347 3055.