Comments on: Super sector unites on post-retirement contributions https://financialnewswire.com.au/superannuation/super-sector-unites-on-post-retirement-contributions/ A specialist news site for financial advisers, fund managers, superannuation executives and suppliers. Thu, 06 Feb 2025 20:55:51 +0000 hourly 1 https://wordpress.org/?v=6.9 By: FUM retention focus https://financialnewswire.com.au/superannuation/super-sector-unites-on-post-retirement-contributions/#comment-6781 Thu, 06 Feb 2025 20:55:51 +0000 https://cea.demo-sites.me/?p=156426#comment-6781 In reply to Nuffyland.

So the same Industry Super Funds that can’t work out taxable income per member, thus want Unrealised Capital Gains taxed for members over $3 Mill.

Now they want Taxable and non taxable contributions to be mixed into a tax free pension.
With taxable contributions currently treated as income to an accumulation account and taxed at 15%.

So how are Industry Super going to contribution tax from tax free pension income, only the taxable contributions ?

Would seem these ISF clowns have a single focus on FUM retention with zero idea of reality.

]]> By: Nuffyland https://financialnewswire.com.au/superannuation/super-sector-unites-on-post-retirement-contributions/#comment-6779 Thu, 06 Feb 2025 20:10:56 +0000 https://cea.demo-sites.me/?p=156426#comment-6779 It’s a great idea, but the government will baulk when Treasury tells them the enormous ‘cost’ in lost taxes.

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