Government $500k super cap axed

Industry groups have welcomed the Government’s move to significantly alter ts plan to overhaul superannuation. The key change is to remove the planned $500,000 lifetime non-concessional cap on fund balances, and replace it with an annual cap of $100,000 “These measures make the superannuation system even fairer, even more flexible and even more sustainable.” Scott … Continue reading Government $500k super cap axed