Key budget update: Navigating legacy pensions and tax exemptions
Legislation | Pensions |Tax
Changes announced in the May 2021 federal budget for legacy pensions will potentially have profoundly positive impact on clients receiving these pensions but also flow-on effects on the treatment of pension reserves, creating uncertain and complex tax issues.
In this session, you will:
- Deep-dive into the announcements for legacy pensions as you discover the new opportunities and risks
- Develop strategies to educate clients in the changes and provide guidance to restructuring their affairs