Category: Pension

Superannuation changes – what is and what isn’t from 1 July 2018

Superannuation changes – what is and what isn’t from 1 July 2018

As the new financial year is now truly underway, here is an overview of what lies ahead in 2019 so that you can ensure your SMSF is ready. 1. Contributions…

Simple super now super complicated

Simple super now super complicated

It has been 10 years since the Simple Super Reforms were brought in on 1 July 2007. A decade later the “Simplified Superannuation” system has become a labyrinth of legislation….

Superannuation from 1 July 2017 –  The New Frontier

Superannuation from 1 July 2017 – The New Frontier

Happy New Financial Year! With 1 July 2017 marking the start of many of the super reform changes, here is an overview of the new rules:   Transfer Balance Cap…

Are you ready for the 1 July 2017 super changes?  Part 4: I want to trigger my 3 year bring forward NCC cap – how much can I contribute?

Are you ready for the 1 July 2017 super changes? Part 4: I want to trigger my 3 year bring forward NCC cap – how much can I contribute?

As part of the superannuation reforms announced in last year’s Federal Budget, both concessional and non-concessional contributions caps will be reduced significantly from 1 July 2017. In this month’s article,…

Are you ready for the 1 July 2017 super changes?  Part 3:  Interaction of the $1.6m pension transfer cap and death benefit payments

Are you ready for the 1 July 2017 super changes? Part 3: Interaction of the $1.6m pension transfer cap and death benefit payments

In last month’s Part 2 of the super changes newsletter, “I have more than $1.6m in pension phase so what are my options?”, we discussed the $1.6m Transfer Balance (“TBC”)…

Are you ready for the 1 July 2017 super changes?  Part 2:  I have more than $1.6m in pension phase so what are my options?

Are you ready for the 1 July 2017 super changes? Part 2: I have more than $1.6m in pension phase so what are my options?

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament.  Amongst those changes was the introduction of a $1.6 million transfer balance cap which limits…

Are you ready for the 1 July 2017 superannuation changes?

Are you ready for the 1 July 2017 superannuation changes?

Last month saw the changes to superannuation in the May 2016 Federal Budget passed and receiving Royal Assent. They are now law. A summary of the final superannuation reforms is as…

The $1.6m transfer balance cap explained

The $1.6m transfer balance cap explained

Now that all three tranches of the Federal Budget’s proposed superannuation reforms have been introduced to parliament, greater clarity has emerged in regards to the mechanics of the $1.6 million…

Going into pension mode – the pros and cons!

Going into pension mode – the pros and cons!

It has been only a few weeks since we’ve known the outcome of the 2016 Federal Election yet there is still a lot of uncertainty surrounding the proposed changes to…