As a result of new legislation, the way we calculate someone’s Total Super Balance (TSB) has changed. TSB is used to determine eligibility for a number of super entitlements.
From 30 June 2026 an individual’s TSB will be the total of:
- TSB values of your Australian superannuation interests. This includes interests supporting death benefit super income streams in the retirement phase you are entitled to receive payments from and notional super interests you have in a super plan due to a family law split, plus
- amount of each rollover super benefit not already included in the TSB values of your Australian super interests, plus
- outstanding limited recourse borrowing arrangement amounts, less
- any personal injury or structured settlement contributions that have been paid into your super interest.
Superannuation interests in foreign funds will be excluded from TSB.
If your members are unsure how these changes will impact the value of their super interest they should speak to their financial adviser.
Stay up to date by visiting our Super funds newsroom and subscribingExternal Link to our monthly newsletter and CRT alerts.