In short, we now have everything we need to allow anyone to fully commute their SMSF legacy pension...

Sometimes. But it depends on the fund meeting some rules and how it’s done.

Once a pension starts in an SMSF, the trustee has a legal obligation to make sure it meets minimum...

The more we talk at Heffron about the impact of failing to pay the minimum pension, the more...

When an SMSF receives an insurance payout under an income protection policy, the insured member...

It’s been nearly 4 months since super laws were changed to allow the commutation of legacy...

Preparing the accounts of an SMSF after a pensioner’s death—when their pension didn’t continue -...

An old tax ruling (TR 2013/5) provided useful guidance on many issues for SMSF pensions. It was...

We expect many of our clients will look to wind up their legacy pensions this year – thanks to the...

I did wonder if I’d ever write those words, more than a few times in the last few years, but it ...

A trustee needs to obtain an actuarial certificate if the "proportionate method" is used to exclude...

Back in 2021, some important changes were made to the rules governing how SMSFs paying retirement...