Super workarounds: what to do with $3m-plus balances
Choices range from setting up a family trust or transferring savings into kids’ superannuation accounts to moving the biggest investments into private company structures.
Just half a per cent in fact, or 80,000 superannuation fund members. But tax advisers say those 80,000 people, who are predominately in self-managed superannuation funds, have options to avoid this tax hit.
