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'Harsh' penalties for breaches of new superannuation rules

Hefty penalties have been built into new superannuation laws which for the first time limit all pension-phase accounts to $1.6 million, financial advisers say.

'Harsh' penalties for breaches of new superannuation rules
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Penalties for breaches of the $1.6 million limit will apply immediately from next July.

Read the full story at the Australian Financial Review.

 

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