The pension payments report will calculate the minimum and maximum pension payment requirements for account-based, market-linked and transition to retirement (TTR) pensions in accordance with the legislated pension standards. The report generated will provide a schedule of the payments that must be made during the financial year in order to meet the minimum pension standards and be eligible to claim a tax exemption on the income earned on assets supporting the pension liabilities.
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is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current.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.