From www.khq.com.au: APRA reported a 11.5% increase in total superannuation assets, surpassing $4 trillion, while announcing new regulations aimed at enhancing trustee accountability and improving retirees’ outcomes.
The ATO confirmed that the transfer balance cap will be indexed to $2 million starting July 1, 2025, alongside an increase in the defined benefit income cap.
New family law superannuation regulations will take effect on April 1, 2025, focusing on the accurate valuation of superannuation interests and spousal entitlements.