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  • Consultation on draft PCG 2019/D2 – pension tax bonuses

    If you are a large Australian Prudential Regulation Authority (APRA) regulated superannuation fund and are having practical difficulties in complying with certain legislative requirements in providing a tax bonus to your members, we have published our draft PCG 2019/D2 which outlines our transitional compliance approach.

    It explains:

    • what the pension tax bonus is
    • when superfunds must pay it
    • our transitional compliance approach for superfunds that cannot include the pension tax bonus in their members opening account.

    You are invited to review our draft guideline and provide feedback to us by 14 August 2019.

    Next steps:

    • Read the draft PCG 2019/D2 and provide your comments.

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      Last modified: 22 Jul 2019QC 59723