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Outlined below are all the latest news you 'need to know'.
The Treasury Laws Amendment (Enhancing Superannuation for Australians and Helping Australian Businesses Invest) Bill 2021 was introduced into the House of Representatives on 27 October 2021.
If passed, from 1 July 2022, the measures will:
Regulations are yet to be amended to abolish the work test for non-concessional and salary sacrifice contributions made between age 67 and 28 days following the month the member turns age 75 (inclusive).
If you have any questions, or would like more information, please contact the IOOF TechConnect team on 1300 650 414.
The information in this section of the website is intended for financial advisers only and is not to be distributed to clients. It has been prepared on behalf of Australian Executor Trustees Limited ABN 84 007 869 794 AFSL 240023, IOOF Investment Management Limited ABN 53 006 695 021 AFSL 230524, IOOF Investment Services Ltd ABN 80 007 350 405, AFSL 230703 and IOOF Ltd ABN 21 087 649 625 AFSL 230522 based on information that is believed to be accurate and reliable at the time of publication.