Pensions and income streams have been subject to much legislative change in recent years. With increased flexibility, a well thoughtout and implemented retirement strategy is critical to ensuring your retirement needs are met effectively and are in line with your estate planning requirements.

As part of our comprehensive SMSF administration service, we ensure that your pension is fully compliant and reviewed on a regular basis to ensure the payment standards are met.

For those that have reached their preservation age we can also provide you with a transition to retirement strategy. Under the transition to retirement rules, if you have reached your preservation age, you may be able to commence an income stream from your superannuation fund whilst still working. By using salary sacrifice to take advantage of lower tax rates within superannuation together with the tax concessions associated with drawing a superannuation income stream, you can make a significant difference to your wealth accumulation leading up to retirement.