Government plans to commence an amnesty on the rollover of legacy pensions is being held back by loose ends only it can address.

It is most important for trustees to ensure the minimum drawdown amount is met for any death benefit pensions operating within an SMSF.

SMSFs low on cash can borrow to make minimum pension payments, but should be looking at why there was a shortfall in the first place.

Charging a tax on legacy pension reserves appears to be based on incorrect assumptions about their source and has come without any explanation from government.

The minimum pension drawdown rate will remain at 2.5 per cent for another year as the government extends this COVID-19 relief measure for retirees.