It is impossible to make long term plans. both the ALP and Libs have made it clear they will continue to alter the rules.
Under the current rules;
a) The excess in your pension account will need to be transferred to accumulation mode or taken out of the superannuation system within months of 1 July 2017.
b) no matter what your deed says no more than $1.6 m (indexed) can be transferred into an individuals pension account after 1 July. Any excess incoming will have to go into accumulation mode.
c) If you are over 60 no tax applies to withdrawals so you could withdraw the excess in your name and subject to contribution caps put the excess in your wife's pension account.
Of course the thieving mongrels will probably change the rules next year. Might be best just to spend it quickly to become a proper Australian on the pension.
