We all know there had to be some change
Great that smaller funds will still receive franking credit refunds and help keep people off the pension
As has been pointed out in a previous post; with the new limits on contributions it is unlikely that - in the future - funds will be able to amass the huge balances that some funds have now, unless - as per another poster - they are very good at trading
The balance threshhold will HAVE to be indexed at some point
Maybe it will be an Albo promise at the next election????????????
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- Talk of a $5M Cap on Superannuation Balances.
We all know there had to be some changeGreat that smaller funds...
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