A Happy New Year to all my readers… The 2010 year left behind an indelible mark for the self-managed super fund industry; much of it due to the key recommendations of the Super System Review (Cooper Review). The year ahead will see the beginnings of a new framework in which trustees and SMSF service providers … Continue reading »
Tag Archives: tax-free proportion
5 key reasons why you must always have a reversionary pension
Simpler Super has streamlined the types of pensions that can be drawn from all types of superannuation funds. For any SMSF member starting a new pension, we now simply have an Account Based Pension (“ABP”) that can be paid. Prior to 1 July 2007, a pension amount was assessable and a tax deduction provided to … Continue reading »