Super popularity set to spiral following budget
Superannuation is set to be a “much less attractive” future savings vehicle following the federal budget, according to one large SMSF advice network.
The changes to the contribution caps, including a lifetime limit on non-concessional contributions of $500,000 and an annual limit of $25,000 on the concessional cap, will affect a significantly larger proportion of Australians than the government is suggesting, according to Dixon Advisory.
Read the full story at SMSF Adviser.
