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Self-managed superannuation funds to bear brunt of Labor changes

Joanna Mather

Labor will create a two-tier system in which the only pensioners denied the full value of franking credits will be those with self-managed superannuation funds.

Opposition leader Bill Shorten has announced a "pensioner guarantee" that will exempt people on the age pension and other welfare payments from planned changes to dividend imputation.

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Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com

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    Original URL: https://www.afr.com/news/policy/tax/selfmanaged-superannuation-funds-to-bear-brunt-of-labor-changes-20180326-h0y041