Listen as they discuss:
- The misconceptions and a lack of understanding about the legislation’s nuances.
- The political dynamics surrounding Div 296 and its complexities.
- The broader implications of Div 296, particularly its potential impact on estate planning and family businesses.
- The need for advisers to play a crucial role in guiding clients through the complexities of the new tax laws.
If the government are looking for a mechanism to get ‘excessive’ funds out of super (after having provided lots of incentives to put it in) they should allow withdrawals above $3mill before preservation age.