Transition to Retirement Pensions Window Ceasing

Transition to Retirement Pensions Window Ceasing

For all those clients who had a strategy of contributing to superannuation the maximum amount allowed and then take a pension out of their super fund, the window of the benefits of this strategy is about to cease from 1 July 2017. From 1 July 2017 the Government has...
Transition to Retirement Pensions Window Ceasing

Super Changes to Become Law

Following from last month’s newsletter article we have obtained further information in relation to aspects of the superannuation changes that will come into effect from 1 July 2017. These clarification points relate to the government’s legislated CGT transition relief...
Transition to Retirement Pensions Window Ceasing

Super Changes to Become Law

Following from last month’s newsletter article we can confirm that both Houses of the Parliament have passed the budget changes and now we are just waiting on Royal Assent (which is just a mere formality) before the legislation will be enacted from 1 July 2017. The...
Transition to Retirement Pensions Window Ceasing

Finalised Changes to Superannuation

As mentioned in the April 2016 newsletter, the Federal Government proposed to make a number of changes to Superannuation in the 2016/17 Budget. After negotiations with Labor, and taking into account the concerns of a number of backbench party members, the Government...