Multiple pensions: Why your SMSF needs a ‘sacrificial lamb’

Key Points Extra pensions can help provide a ‘shield’ against unintended mistakes New legislation means they can also provide some tax benefits They may never be used, but they’re easy to establish In Five super matters to think about before 15 June we highlighted the fact an extra small pension (or two) could act as a ‘sacrificial lamb’ to protect your fund in the event of a pension underpayment. Now we’ll explain this multiple pension strategy in more detail. Don’t be surprised to hear more about the use of multiple pensions for SMSFs. They’re not only a handy risk...

In Five super matters to think about before 15 June we highlighted the fact an extra small pension (or two) could act as a ‘sacrificial lamb’ to protect your fund in the event of a pension underpayment. Now we’ll explain this multiple pension strategy in more detail.

Don’t be surprised to hear more about the use of multiple pensions for SMSFs. They’re not only a handy risk management tool, now they’ve also got estate planning benefits.

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