A very big win. Will save having to sell and rebuy stocks.
'Transitional provisions provide Capital Gains Tax (CGT) relief. Superannuation providers are able to reset the cost base of assets reallocated from the retirement phase to the accumulation phase prior to 1 July 2017. This relief is available for providers in respect of the assets held for individuals who choose to transfer amounts from the retirement phase to the accumulation phase to comply with the transfer balance cap or new transition to retirement income stream (TRIS) arrangements.'
