How to start your DIY pension

It’s not quite as simple as flicking on the ‘pension’ switch in your SMSF: there are certain steps. Here’s how.

PORTFOLIO POINT: It’s not quite as simple as “insert pension, press play”. So how do you “flick on” a pension in your SMSF?

Pensions are, literally, what super is all about. The provision of retirement benefits is numero uno on the definition of superannuation’s sole-purpose test.

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Bruce Brammall

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