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Make Super change
a super opportunity

Your super is important for building your retirement savings and achieving your goals in the future.

As you may be aware, a range of changes to superannuation were introduced by the Federal Government starting 1 July 2017.

We’d like to help you understand some of these changes, what they could mean for you and your retirement goals, and what you can do if you’re impacted.

Some of the key changes from 1 July 2017 included:

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'Transition to retirement' changes

The investment earnings on certain transition to retirement (TTR) pensions in the pre-retirement phase are no longer tax exempt, and now attract tax of up to 15%.

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Limits on retirement products

A limit of $1.6 million applies to your balance in retirement phase income streams.

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We understand some of these changes are complex and it’s important to us that you continue to have the right strategies in place to achieve your retirement goals.

For more information about these changes, contact your financial adviser, or call us on 132 652 between 8am and 6pm (AEST/AEDT), Monday to Friday.

This communication is issued by NULIS Nominees (Australia) Limited (ABN 80 008 515 633 AFSL 236465) (NULIS). It is for general information and has not taken into account any particular person’s objectives, financial situation or needs. Before deciding to make a contribution to your superannuation, interested persons should consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. The information contained in this communication is current as at 1 July 2017. Any changes in the law or policy subsequent to this date have not been incorporated in this material.

NULIS is the Trustee of the MLC Super Fund (ABN 70 732 426 024) and the MLC Superannuation Fund (ABN 40 022 701 955). NULIS is part of the National Australia Bank (NAB) group of companies. An investment with NULIS is not a deposit or liability of, and is not guaranteed by NAB. Neither NULIS nor any other company in the NAB group of companies accepts any liability whatsoever for any decision that is made on the basis of or in reliance of the information contained in this material. NULIS is not a Registered Tax Agent and any tax information is of a general nature and should not be relied upon to determine your personal tax situation. It is recommended that you consult a professional tax adviser who is a Registered Tax Agent about your personal circumstances.