Upcoming superannuation changes in Australia

Category: Australia & Pensions & Superannuation

Do you know if the upcoming superannuation changes in Australia affect you and your UK pension?

Last year, the Australian Government implemented major changes to the non-concessional and concessional contribution limits, as well as transition to retirement strategies.

Come 1 July 2017, millions of Australians are set to be affected by a super shake-up and it’s important you understand the ramifications if you are one of them.

In this recent video, Financial Adviser David Currie outlines the key rule changes, which Federal Treasurer Scott Morrison says are designed “to improve the fairness, sustainability, flexibility and integrity of the superannuation system”.

 

 

 

With the end of financial year fast approaching, now is the time to act. Contact an adviser on 1300 365 291 to learn more about these changes and how they may affect you.