| Description |
ix, 47 pages |
| Contents |
Chapter 1. Background to the review -- Chapter 2. Review processes -- Chapter 3. Retirement income policy objectives -- Chapter 4. Key issues with pensions provided by small superannuation funds -- Chapter 5. Strategies for addressing issues -- Appendix A: Press release announcing the superannuation integrity measures -- Appendix B: Explanatory statement explaining the superannuation integrity measures -- Appendix C: Press release announcing the review -- Appendix D: Cameo analysis comparing taxation and age pension outcomes from allocated, market linked and lifetime pensions paid from a small superannuation fund |
| Summary |
The 2004-05 Budget announced measures to address the use of defined benefit pensions by small superannuation funds for tax avoidance and non-retirement income purposes. The measures also sought to address prudential issues with small funds, namely the ability to manage the risks of providing a defined benefit pension. The objectives of these measures were broadly supported. However, the superannuation industry raised concerns with the means chosen. On 5 August 2004 the Government announced a review of pensions provided by small superannuation funds |
| Notes |
"January 2005" |
|
Also available in an electronic version. Address as of 25/1/05: http://dbpensionreview.treasury.gov.au/content/downloads/discussion_paper.pdf |
|
Commonwealth of Australia 2005 |
| Subject |
Pension trusts -- Australia.
|
| Author |
Australia. Treasury.
|
| ISBN |
0642742758 |
|
