There are no death duties in Australia, but superannuation left to adult children is taxed - and most families only find out when the cheque arrives. Here's how the tax works, what it costs, and the four things you can do about it while you're alive and well.
Superannuation is being pulled in several political directions at once. Noel Whittaker explains why the rule that keeps your money locked away is the one doing most of the work.
Superannuation sits outside your estate, so your will has no say over it — the trustee of your fund decides, unless you've filled in the right form. Here's how binding, non-binding and reversionary nominations differ, who you're allowed to name, and the tax that catches adult children out.
A transition to retirement pension lets you draw an income from your super while you are still working, so you can cut back to four days without cutting your household income. Here is how it works, what it costs you, and when it isn't worth the paperwork.
Preservation age is now simply 60 for everyone still working towards it, but reaching 60 doesn't release your super on its own. Here's how conditions of release, transition to retirement and the gap to Age Pension age at 67 actually fit together.
