Super reforms are nearly here - are your clients ready?
As 1 July 2017 fast approaches you’ll no doubt be very busy helping your clients prepare for the super reforms. Some of the key changes are:
- Concessional and non-concessional contribution caps are being lowered
- Transition to retirement income streams are no longer tax exempt
- A new cap of $1.6 million on assets held in pension phase
To help you get the information and resources needed to successfully navigate the reforms we’ve created an online super reforms site
Two resources on the site you may find particularly useful are the super reform checklist and the more detailed technical guide to the super reforms. These resources provide the overview and the detail you need to maximise the opportunities available to your clients in the lead-up to 1 July 2017.
We’ve also created a client-friendly factsheet designed to help your clients understand some of the key changes.