On 1 July 2025, the general transfer balance cap (TBC) was indexed, increasing from $1.9 million to $2 million. This increase impacts members with a personal TBC. Members who started a pension before 1 July 2025 and haven't previously reached or exceeded their personal cap are eligible for a proportional increase, based on their highest ever transfer balance and the amount of unused cap space.
Members starting a pension for the first time on or after 1 July 2025 are entitled to a personal TBC of $2 million.
Display of updated transfer balance caps
Updated personal transfer balance caps are now available and members can view their updated personal TBC in ATO online services.
Agents can view their client's details in Online services for agents.
Members' personal TBC are calculated based on the information reported to and processed by us.
To ensure members have a clear understanding of their cap entitlements, we encourage funds and advisers to report all TBC events as they occur.
For more information see Transfer balance cap.
Looking for the latest news for Super funds? You can stay up to date by visiting our Super funds newsroom and subscribingExternal Link to our monthly Super funds newsletter and CRT alerts.