Anyone with less than $500,000 in superannuation can claim an easy tax deduction of as much as $44,400 before June 30, but that is just one of the many reasons people should review their super plan before the end of the financial year.

That’s because a raft of deceptively small changes will take effect on July 1 that will have an outsized effect on how much money you have to retire on, whatever your life stage.