In last months message we countenanced this issue; since then the Federal Budget has been announced with significant changes proposed in respect to both concessional contributions [and their limits] and the manner in which they are taxed, none of which are likely to create any enthusiasm for those planning their retirement but rather a disincentive for doing so.
It would be timely for a thorough review of an individuals superannuation planning ,including an immediate review of salary sacrificing arrangements for such individuals. This may well impact on an individuals Estate Planning considerations as well.
