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.


Disclaimer

This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.