Webinar – Commencing and ceasing a pension in an SMSF

In June 2024 the ATO finalised their update of their 2013 Taxation Ruling ‘TR 2013/5 Income tax: when a superannuation income stream commences and ceases’. This update primarily refreshed the ruling to accommodate the 2017 superannuation reform measures, however, it also introduced new considerations specifically around when a pension ceases.

In this webinar, Tim Miller from Smarter SMSF will review TR 2013/5 and highlight the key considerations for when a pension commences and ceases within an SMSF in light of the introduction of the transfer balance cap in 2017. Particular focus will be given to the ramifications of an SMSF not paying the minimum pension and what that can mean for a fund’s pension planning.

Learning Outcomes

At the end of this webinar, participants will have an appreciation for:

when a pension commences in an SMSF
the various circumstances that can lead to a pension ceasing within an SMSF

the impact of failing the pension standards i.e. not paying the minimum
how to deal with minimum pension shortfalls

Presenter: Tim Miller

Cost: Free

Date: Wednesday, 13th November

Time: 12:30 pm – 1:30pm AEST

Register Now

Tim Miller

Tim Miller is the SMSF Technical and Education Manager at Smarter SMSF and is one of Australia’s leading SMSF educators and presenters with over 25 years’ experience in the Superannuation industry. His experience has been gained through providing legislative and compliance support to thousands of Trustees, Accountants and Financial Planners since joining the SMSF sector in 1999. In addition to servicing the needs of SMSF clients, his practical and personable approach to compliance has made him a much sought after presenter.

Tim regularly presents at the major SMSF conferences and events, contributes to various trade and general publications, he is a Fellow SMSF Association Specialist and was awarded the CEO Award at the 2023 SMSF Association National Conference for services to the SMSF sector.