Non-lapsing BDBNs ... there is no debate. Our Head of Education Mark Ellem was joined by Matthew Burgess who presented a technical webinar to help attendees assess how their SMSF death benefit nomination stacks up.

From an SMSF perspective, the new SIS regulations will allow a member to commute their market linked income stream (MLIS) (also known as a ‘term allocated pension’) to the extent of an excess transfer balance account amount included in a commutation authority. However, this new measure will only apply to an MLIS commenced on or after 1 July 2017.