Jun 17, 2026 – 5.00amMore than three years after announcing a new tax on high-value superannuation accounts, and two weeks before it comes into effect, the government has yet to explain how the impost will apply to those on defined benefit pensions, including scores of retired MPs.Frustrated financial advisers seeking answers for clients, be they former politicians, public servants or defence force personnel, are being told by the Commonwealth Superannuation Corporation, which manages public defined benefit accounts, that it is also in the dark.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Two weeks to go and still waiting for details on ‘new’ super tax
More than three years after announcing the impost on high-value accounts, the government has yet to explain how this will apply to defined benefit pensions.
105 words~1 min read
