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familybliss

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  1. familybliss
    Yes , that is the legislation I am referring to . I had applied for a few funds ( geared) but the application form and the money were returned to me with a letter stating that this was not open to UK /EU citizens due to the AIFMD . When called to clarify , they repeated their line . These were global geared equity funds so were not specifically marketing / selling in the EU .
  2. familybliss
    Thanks for that - but I am well aware of the nature , type , structure and the risks associated with these investments and had made an informed choice to invest in them . I have invested in similar products before. The Australian funds are more than adequately regulated and these draconian measures by the EU is to restrict EU citizens to similar products within the EU - much less to do with protecting the individual . It is a bit Orwellian in a free market to restrict individuals who are fully aware of the risks of investment products to only those of a particular geographical area based on their citizenship .
  3. familybliss
    Hi All , Just wanting to know people's experiences on a particular issue . Recent legislation apparently prohibits British / EU citizens , irrespective of their current country of residency or citizenship to invest in alternative investment products ( hedge funds , geared funds , private equity , other wholesale managed funds which have these products ) . This is apparently because the Australian Alternative Funds do not intend to abide by the stringent rules being set by the EU and thus are not accepting EU citizens although I find no one is quite clear about the details . This seriously restricts one's choice of investments other than through personal super . Has anyone else had this problem ? I had long conversations with a couple of fund houses and they confirmed their position along the lines as stated above . Would be interested in others' views . Regards
  4. familybliss
    This is not about the childcare centre , nor about the argument whether this is right , but wanting a mere clarification of the rules from someone who might have been in the same position before . The child is back in care and attending regularly . The reason the absences piled up was that the child care centre would not be able to keep a spot when the child returned after a 2 month period when she did not need to attend . We chose to pay for all that time when she was not attending just to keep the spot . My question was - as the limit of absences was reached , I can understand no further payment for any absences , but is there no further payment for when she is attending . Happy to pay - just wanting some clarification of the rule .
  5. familybliss
    Hi all , Just wanting to know whether CCR is stopped completely after 42 absences for the year . The Govt website and other sources of information say no further CCR is payable for any absences after the 42 absence limit , but the child are centre has decided to charge full fees for attendances for the rest of the financial year . Contacting Centrelink on the phone has made things clear as mud ! So, is no CCR payable for any attendance to a child care service after reaching the limit of 42 absences ? Thanks guys
  6. familybliss
    Thanks Andy .
  7. familybliss
    Just bumping it up .... Anybody ?
  8. familybliss
    Hi guys , Have decided to transfer NHS pension to Australian Super fund ( QROPS ) . We arrived in June 2011 and had initially thought we would just be here for a couple of years but changed our mind and received PR in Feb 2013 . As the transfer is happening more than 6 months after we left the UK we will have to pay some tax on the growth of the fund ( which we can elect the receiving super fund to pay @ 15% ) . However , is it the growth since we became PR ( Feb 2013 ) or since we arrived in Aus ( June 2011) on a 457 ? In case it is since the date we received PR , do we have to request the NHS Pensions to do another calculation for that date ( Feb 2013 ) so that we can calculate the growth from then ? The NHS will only provide this extra calculation at a cost . Have tried to use the residency calculator on the ATO website - not entirely clearcut . Would appreciate any advice .
  9. familybliss

     

    <p> </p>

    <p><p>Hi guys , </p></p>

    <p><p> </p></p>

    <p><p>Have decided to transfer NHS pension to Australian Super fund ( QROPS ) . We arrived in June 2011 and had initially thought we would just be here for a couple of years but changed our mind and received PR in Feb 2013 . </p></p>

    <p><p> </p></p>

    <p><p>As the transfer is happening more than 6 months after we left the UK we will have to pay some tax on the growth of the fund ( which we can elect the receiving super fund to pay @ 15% ) . </p></p>

    <p><p>However , is it the growth since we became PR ( Feb 2013 ) or since we arrived in Aus ( June 2011) on a 457 ? </p></p>

    <p><p> </p></p>

    <p><p>In case it is since the date we received PR , do we have to request the NHS Pensions to do another calculation for that date ( Feb 2013 ) so that we can calculate the growth from then ? The NHS will only provide this extra calculation at a cost . </p></p>

    <p><p> </p></p>

    <p><p>Have tried to use the residency calculator on the ATO website - not entirely clearcut . Would appreciate any advice .</p></p>

    <p> </p>

     

  10. familybliss

     

    <p> </p>

    <p><p>Hi ,</p></p>

    <p><p>arrived in Vic just over a year ago on a 457 . Now applied for an employer sponsored RSMS ( 187 ) visa . However , cannot seem to be able to upload the documentation online - tried to email all the documents to the processing centre but they came back promptly saying they could not accept it that way and advised me to keep trying to upload them online .</p></p>

    <p><p> </p></p>

    <p><p>I have tried uploading them from home /work/friend's place but the same error comes up . The files are small and there is a problem with any kind of file - word document /PDF etc . Phoning them up gets the same response . </p></p>

    <p><p> </p></p>

    <p><p>Any one else had this problem ? Or using Skillselect ? </p></p>

    <p><p>Since 1st July all applications for many visas have to be completed online .</p></p>

    <p><p>thanks</p></p>

    <p> </p>

     

  11. familybliss
  12. familybliss

     

    <p>We might be leaving for Victoria shortly and would have to stay in Melbourne for a couple of nights . Any suggestions on hotels fairly close to the airport ? 2 small children - so the more child - friendly the better . </p>

    <p>Thanks</p>

     

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