Meeting a condition of release: It’s not just about the vibe

National Conference 2021

Meeting a condition of release is vital to enable members to access their superannuation benefits. Not understanding or following the rules can lead to unintended consequences and tax impost.

Explore common areas where clients get it wrong, such as financial hardship and excess contributions, as well as the age-old question; has my client retired?

At the end of the session, you will be able to: 

  • Define rules around accessing super;
  • Identify when a member has retired, and;
  • Explain the consequences of getting it wrong.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association