Super changes

May 10, 2017

Disclosure Statement: Durand Financial Services Pty Ltd and its advisers are authorised representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. General Advice Warning: The information contained within this website does not consider your personal circumstances and is of a general nature only. You should not act on it without first obtaining professional financial advice specific to your circumstances.

ato.gov.au
Updated 09 May 2017

Most of the changes to the superannuation (super) system will commence from 1 July 2017. These changes are design to improve the sustainability, flexibility and integrity of Australia’s super system.

Your super is your future – check to see if you are directly affected, or what these changes may provide for you to maximise your savings for retirement. Detailed information is available to help you understand the changes, including for some topics, law companion guidelines to provide certainty about how the changes will be administered.

While you may not be affected by the changes now, it’s important to be aware of the changes for your future. If you think you are affected or may be in the future, consider seeking financial advice.

CHECK OUT THE 1 MINUTE VIDEO HERE


The changes are categorised by the situation they apply to.

Do the super changes affect you?

Do you or your spouse earn less than $40,000? If yes, refer to:

Are you making extra contributions to your super? If yes, refer to:

Are you approaching retirement? If yes, refer to:

Do you earn over or close to $250,000? If yes, refer to:

Have you taken time out of the workforce or do you work part time? If yes, refer to:

Are you retired? If yes, refer to:

Keep informed about updates

This page will be updated as we progress the changes within the super system. We encourage you to subscribe and select ‘Individuals Super’ in the subscription choices to receive an email or RSS feed alert when this page is updated.

Learn more about super

Some of the terms used in the super system are unique and you may not have come across them before. You can use our Glossary to look up key terms alphabetically if you need to.

See also:

 

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