SMSFs and defined benefit pensions – the ticking time bomb | Accurium

Many SMSFs still have members who are being paid defined benefit pensions, some with significant capital backing them. With the aging of these members, advisers, practitioners and dependants are finding out, too late, the estate planning problems and nasty tax consequences that arise after a member dies or the term of the pension comes to an end. In this webinar, Doug will consider:

  • The estate planning and tax consequences when a DB pensioner dies;
  • What happens when a life expectancy (fixed term) pension ends; and
  • The options for restructuring a defined benefit pension to avoid these pitfalls.