- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Opinion Indexation of the TBC helps because it may lead to a dependant being able to receive more as a death benefit pension – thus keeping more in super. COLIN LEWISContributor The
superannuation system is designed to limit how much can go into it and ensure that money in it must ultimately come out. It prevents the creation of “family dynasties” with super – something
cleverly stamped out in 2017 through the introduction of two measures. One is the total superannuation balance test limiting certain contributions and the other is the transfer balance cap
that restricts the amount that can be moved into the tax-free retirement phase – and this extends to death benefit pensions. Loading... COLIN LEWIS is head of strategic advice at
Fitzpatricks Advice Partners. Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? LATEST IN PERSONAL
FINANCE Fetching latest articles MOST VIEWED IN WEALTH
