Consolidated to 1 January 2018, this edition reflects the numerous recent changes to superannuation law and is essential for the bookshelf of any superannuation practitioner.

The title ensures readers are up to date with the extensive changes to superannuation law enacted by the Federal Government, including:

• Allowing asset roll-over relief for mandatory transfers within a superannuation fund in the transition to a MySuper product
• The First Home Super Saver Scheme allowing individuals to take advantage of applicable concessions
• Adjustments to the calculation for the transfer balance cap by adding in Limited Recourse Borrowing Arrangements
• Adjustments to the superannuation government co-contribution to reflect the transfer balance cap rules
• Providing CGT relief to superannuation funds that are required to adjust member accounts due to the operation of the transfer balance cap and TRIS rules, and
• Providing clarity with respect to the calculation for a member’s transfer balance cap when in receipt of a defined benefit income stream.

KEY FEATURES

The book contains all the essential legislation affecting superannuation funds, members and trustees, together with a summary of 2017 amending Acts and Regulations to superannuation, tax and related laws. It also contains proposed and draft legislation affecting superannuation.