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Meg Heffron

Five SMSF pension tricks you shouldn’t miss

Thinking of stopping your income stream or combining it with another? Don’t do either without reading this.

Meg HeffronContributor

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Starting a pension is the ultimate plan in a self-managed super fund, but sometimes there are good reasons to stop them. The driver might be a desire to move to another super fund, combine the pension with new contributions or just stop getting so much income from super.

The technical term when a pension ends in this way is a “full commutation”. Regardless of the reason for your move, there are some important tips to bear in mind.

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Meg Heffron is managing director at SMSF specialist firm Heffron.

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    Original URL: https://www.afr.com/link/follow-20180101-p592x0