On 1 July 2017, the government’s super changes will come into effect. Read our fact sheet on the changes to see how they could affect you.
Some of the major changes include:
- New contribution caps that will limit the amount you can contribute to super from your before tax and after tax salary.
- A concessional tax on investment earnings will apply to transition to retirement accounts – such as the Vision Non-commutable Allocated Pension.
- A new $1.6 million transfer balance cap will limit the savings you can transfer to retirement phase account, such a Vision Allocated Pension.
Click here to read the fact sheet. If you would like more information about any of the changes or to book an appointment with one of our financial planners, please contact our friendly Member Services team on 1300 300 820. They're available 8:30am - 5:00pm Monday to Friday or you can email firstname.lastname@example.org at any time and they will reply within two business days.