Superannuation: Actuarial insights into exempt current pension income and longevity paper

Published on 17 Oct 13 by TASMANIAN DIVISION, THE TAX INSTITUTE

Superannuation is a highly tax-effective vehicle for the accumulation of retirement wealth. This paper explores some of the tax concessions available to self-managed superannuation funds and discuss the calculation of exempt current pension income. It includes case studies for fund losses and segregation, and some tips for maximising your exempt current pension income (ECPI). In addition you are provided with an update on new legislation affecting ECPI calculations including the continuation of pensions on the death of a member and the proposed $100,000 pension income limit. The paper finishes off with a discussion on longevity and how this impacts on planning for retirement.

Author profile

Melanie Dunn

Melanie is the SMSF Team Leader and Actuarial Analyst at Bendzulla Actuarial Pty Ltd who are market leaders in SMSF actuarial certificate and documentation services. Melanie has over six years’ experience in the SMSF industry and currently specialises in the delivery of actuarial certificates for SMSFs, in particular, tax-exempt percentage certificates. Her range of knowledge includes technical issues and legislation requirements that relate to superannuation and SMSFs. Melanie is also the author of the “Bendzulla Actuarial Blog; Actuarial Insights”. Melanie is the one of the key spokespersons at the Bendzulla Actuarial SMSF Technical Seminars providing education on SMSFs and an understanding of compliance issues to clients across Australia. - Current at 08 October 2013