SMSF advisers should be speaking with clients about legacy pension conversions so they can take action and avoid a large tax bill for their estate.

The impact of inflation on SMSF balances may push some members under the disregarded small fund assets provisions through no fault of their own.

Rising real estate prices have made the Pension Loans Scheme more attractive for retirees who own rural properties and require a cash injection.

The absence of details regarding the commutation of market-linked pensions 10 months after changes were announced is creating uncertainty for retirees.

Careless changes to an account-based pension could cause its recipient to fail the income test for the senior health card, according to an executive consultant.

SMSFs with both accumulation and pension-phase interests will suffer more significant disadvantageous tax implications from failing to meet the minimum pension requirement.

Advisers and trustees should reconsider whether or not to make a pension reversionary given the current parameters of the superannuation system.