The regulations implementing the Legacy Pension Reforms have now been registered and are effective on and from 7 December 2024. This means that the five year commutation window has now commenced and will cease on 6 December 2029.
Read MoreA new report has underscored the importance of financial advice in retirement planning and stressed the necessity for both advice and innovative products from superannuation funds in a well-rounded retirement ecosystem.
Read MorePension payments in super after the age of 60 are tax free and anyone over 65 can switch their super into a pension account even if they do not change their employment. Why do so many continue paying 15% tax?
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