transition to retirement Archives

A quick glance at how the new superannuation rules could affect you

by adminNews June 1, 2017June 23, 2021Comments are Disabled

The recent changes to the superannuation rules are designed to further limit the amount of money Australians can keep in the tax advantaged superannuation system. So, where does that leave you for your superannuation planning for this financial year? Here’s a brief summary of the key issues: Contributions which qualify for a tax deduction: This …

pensioners transitioning into retirement as changes to superannuation passed

Transition to retirement pensions – back to their true purpose

by adminNews March 24, 2017June 23, 2021Comments are Disabled

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they transition to retirement. The new rules will remove the tax …