This article is more than 24 months old and is now archived. This article has not been updated to reflect any changes to the law.
General provisions have been included in anticipation of the superannuation contributions-splitting legislation outlined above.
As outlined above, the current form of the regulations means contributions-splitting requests could not be processed until 1 July 2006 and requests in respect of contributions made between 1 January 2006 and 30 June 2006 could be made up until 30 June 2007.
Payment provisions in relation to the Transition to Retirement pensions have been included.
This means that there are now specific provisions pursuant to which any of the pensions available to a member may be paid as a transition to retirement pension.
The Product Disclosure Statement has been updated in accordance with the above changes and to provide updated information on the abolition of the superannuation surcharge on high income-earners.
Lawyer in Profile
Partner
+61 3 9258 3864
julian.smith@maddocks.com.au
Qualifications: BA, LLB, Monash University, LLM, University of Melbourne
Julian is a Partner in Maddocks Commercial team. He advises a diverse range of clients across the Australian commercial and financial services landscape.
Julian's corporate practice spans various sectors, including financial services, professional services, and family-owned enterprises. He advises on:
- capital raising,
- disclosures,
- restructures,
- mergers and acquisitions,
- corporate governance,
- directors' duties, and
- trusts, corporations, and securities law.
Julian's financial services practice involves advising financial market participants on the entire financial services lifecycle including fund structuring, management options, and compliance with regulatory requirements.
Julian also offers guidance on alternative and disruptive financial services businesses, such as online foreign exchanges, internal markets, and management rights schemes.
Read Our Latest Articles
Superannuation
Necessary safeguard for SMSFs and Trusts: Why you should have an Enduring Power of Attorney in place
Superannuation
Reminder for SMSF trustees: be aware of legal requirements for accessing superannuation early
customer support
legal advice
-
The legal information and commentary on this site is general only. Documents ordered through Cleardocs affect the user's legal rights and liabilities. To assess their suitability for the user, legal accounting and financial advice must be obtained.