The super reforms originally announced in the 2016 Federal Budget will start to come into effect from 1 July 2017. So what are the changes and what do they mean for you?
This summary provides an outline for five of the most important changes. It’s worth taking the time to have a read of the summary and understand how the new rules could affect your financial strategy and retirement plans.
With the changes due to start taking effect soon, please call Aptus 0298993828 to arrange an appointment to discuss your financial situation. We can also determine whether you need to take any action – while you still can.
This document contains general advice. It does not take account of your objectives, financial situation or needs. Exceeding your contributions cops can have significant tax consequences for which you may be personally liable. You should consider talking to a Financial Adviser before making a financial decision. This document has been prepared by Count Financial Limited ABN 19 001 974 625, ASFL 227232, (Count) a wholly-owned, non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. ‘Count’ and Count Wealth Accountants® are trading names of Count. Count Financial Advisers are authorised representatives of Count. Information in this document is based on current regulatory requirements and laws, as at 10 March 2017, which may be subject to change. While care has been taken in the preparation of this document, no liability is accepted by Count, its related entities, agents and employees for any loss arising from reliance on this document. Count is registered with the Tax Practitioners Board as a Registered Tax (Financial) Adviser. However your authorised representative may not be a Registered Tax Agent. Consequently, tax considerations are general in nature and do not include an assessment of your overall tax position. You should seek tax advice from a Registered Tax Agent.