Make a contribution
We’ve summarised some key cut off-dates dates for processing end of financial year transactions to help assist you through this period.
| Transaction type |
Cut-off time and date |
|---|---|
| Super to pension transfers within FirstChoice (if first payment is prior to 30 June 2022)* Transfer to TRIS pension accounts within FirstChoice (if first payment is prior to 30 June 2022)* |
13 June 2022 12 June 2022 |
| Super to pension transfers within FirstChoice (if first payment is after 30 June 2022) Transfer to TRIS Pension accounts within FirstChoice (if first payment is after 30 June 2022) |
30 June 2022 by 3pm 30 June 2022 |
| 1 day transfer to Allocated pension accounts within FirstChoice (pension account setup within FY 2022/23)* 1 day transfer to TRIS pension accounts within FirstChoice (pension account setup within FY 2022/23)* |
30 June 2022 by 3pm 30 June 2022 by 3pm |
| Cash-out Recontribution request if there is no further transaction after, i.e. establishment of Pension or Super | 29 June by 3pm |
| Cash-out Recontribution request if there is a further transaction for establishment of Pension or Super before June 30th that DO include an existing Pension account (i.e. Pension or Super is eff 30 June) | 27 June by 3pm – (this is to account for any existing Internal Pensions accounts that might have an IPP or rebate prior to auto transfer to Pension |
| Cash-out Recontribution request if there is a further transaction for establishment of Pension or Super before June 30th that DON’T include an existing Pension account (i.e. Pension or Super is eff 30 June) | 28 June by 3pm |
| Adviser Service Fee Consent cut off | 30 June 2022 by 3pm |
| Applications | |
| New pension applications (if first payment is prior to 30 June 2022)* | 13 June 2022 |
| New applications, including pensions (if first payment is after 30 June 2022) | 30 June 2022 by 3pm |
| Contributions, withdrawals and term deposit maturity | |
| Employer super guarantee contribution cut-off | 27 June 2022 by 3pm |
| EFT/BPAY super contribution cut-off | 27 June 2022 by 3pm |
| Super contribution cut-off | 27 June 2022 by 3pm |
| Withdrawals (excluding pension payments) | 30 June 2022 by 3pm |
| Special conditions period for maturing term deposits | 1 to 9 July 2022 |
FirstRate Term Deposits
Special conditions for FirstRate Term Deposits from 1 to 9 July 2022
Due to end of financial year processing, special conditions apply to FirstRate Term Deposits from 1 to 9 July each year.
Maturity date
FirstRate Term Deposits that would otherwise mature in this period will mature on the business day following 9 July. Your clients will receive interest up to this date.
Members are to send cheques by post and received by us by 3pm (Sydney time) 30 June 2022 – Cheques will not be accepted in our offices.
If your valid transaction is received after 3pm your transaction will be processed the following NSW business day.
*All outstanding requirements must be received before the cut-off date.