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How Labor’s tax policy will deliver ‘perverse’ outcomes

April 28, 2018

AFR

How Labor’s tax policy will deliver ‘perverse’ outcomes

  How Labor’s tax policy will deliver ‘perverse’ outcomes   Financial planners have detailed how Labors tax policy will deliver perverse outcomes under their plan to deny franking credits to some self-funded retirees. Take the example of a husband and wife with $1 million who end up receiving a smaller income in retirement than a …

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AFR

Advisers bemoan anti-SMSF policy amid super industry split

  Advisers bemoan anti-SMSF policy amid super industry split   Labor’s plan to scrap franking credit refunds will give superannuation funds linked to banks and unions a leg up while potentially knocking self-managed super funds off their strong growth trajectory. Yet the groups representing pooled super funds that stand to benefit are at odds with …

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