Super fund merger relief now permanent – but should more be done?

Neil Lamb, Ross Stephens and Muska Shakaib discuss measures contained within the Treasury Laws Amendment (2020 Measures No. 1) Act 2020.

The legislation for permanent rollover relief for fund mergers passed Parliament on 14 May 2020 and received Royal Assent on 25 May 2020.While the superannuation industry has sought this permanent relief for more than 10 years, and thus it is very much welcomed, it has become clear that it does not go far enough to ensure that tax is not a relevant cost in assessing the merits of a merger.The recent downward movement in markets has had a significant impact to the returns of superannuation fun...

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Authors: Neil Lamb, Ross Stephens,

Published Date: 25 May 2020