The Government has released the draft rules for the $1.6 million super pension cap in its second tranche of super measures. The measure to be known as the “transfer balance cap” is to commence from 1 July 2017.  

The draft rules for the measure are very complicated, and include:

To discuss this article, or for further information please contact:

Phil Broderick
Principal
T: +61 3 9611 0163
M: +61 419 512 801
E: pbroderick@sladen.com.au

Melissa Brazzale
Associate
T: +61 3 9611 0161
E: mbrazzale@sladen.com.au