Superannuation Funds

SMSF Trustees: The Optimal Number

The Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 has now received assent and become Act No 47 of 2021. From 1 July this year Self Managed Superannuation Funds (‘SMSF’) will be allowed to have up to six members and trustees rather than the current maximum of four. Despite this the[…]

Superannuation: Issues for Reversionary Pensions

Budget announcements on 3 May this year presaged a plethora of changes to the Australian superannuation system more significant than any since May 2006. Five months later we have an Exposure Draft of the proposed legislation. These changes are some of the most complex yet. They introduce a whole range[…]