Upcoming webinar
Division 296: The new tax on your super savings is now law!
Wednesday 1 April 2026 at 11:00 am AEST
The Australian Government recently passed new legislation to levy additional tax on Superannuation retirement savings starting July 1, 2026.
During this webinar, we will break down how Division 296 works, who is affected now and who may be caught in the future.
We will also highlight the practical steps you can take to navigate the changes and what immediate action you may need to take to get the best outcome.
IN CASE YOU MISSED IT
Watch our previous webinar, SuperGuide members Q&A: March 2026.
Q&A of the month
Q: I am the nominated beneficiary of my deceased husband’s superannuation fund. What options are available on how I receive this superannuation amount as the nominated beneficiary?
Do I automatically receive the funds to my nominated bank account?
Do I have the option of transferring the inherited super funds to my own superannuation fund and if so, what limits apply? I have a pension fund set up when the limit was $1.6m with deposited funds of $1.2m.
Are there any issues I should be aware of?
See Garth’s video answer here.
Tip of the month
Having super savings in the accumulation phase means paying tax on your investment returns. If you’re eligible to transfer into a pension, you’re probably leaving money on the table. Find out more about starting a pension as soon as you can and topping up an existing pension.
