All profits are only tax free if you are in pension mode. If it is in accumulation mode you are taxed at 15% on earnings (10% on capital gains if held for over 12 months). If you are over 60, all drawings are tax free in pension mode also (if you are between 55 & 60 you pay tax on certain components although get a 15% tax offset). If it is a super/pension WRAP you get the same benefits. DYOR.
