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Australia scraps A$500k lifetime superannuation cap

Month: September 2016

International Adviser

Australia scraps A$500k lifetime superannuation cap

Australia scraps A$500k lifetime superannuation cap   Australia scraps A$500k lifetime superannuation cap – The Australian government has scrapped plans to introduce a controversial A$500,000 (£286,598, $383,675, €341,174) lifetime superannuation cap curbing the amount people can save into their pensions. Treasurer Scott Morrison confirmed the U-turn on the proposed limit, which would have applied to after tax …

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International Adviser

SMSF Trustees Moving Overseas – Can I take my SMSF overseas with me?

SMSF Trustees Moving Overseas – Can I take my SMSF overseas with me?   Are you a SMSF trustee moving overseas and have asked the question “can I take my SMSF overseas with me?”. SMSFs are becoming increasingly prevalent and make up about one-third of Australia’s A$2.04 trillion superannuation system. But can you take yours overseas with …

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