SMSF tax losses carried forward from a prior year will need to take into account the calculation of exempt current pension income if the proportionate method has been used to do so, a technical leader has said.

The costs of maintaining legacy pensions are more than they are worth and it would cost the government nothing to transition to modern products.

Claims that rollovers away from legacy pensions are too complex to implement have been rejected with industry stating it is ready to move on the issue.

The complex nature of legacy pensions and a full government agenda meant any reforms were unlikely to take place in the near future, according to a government minister.

The ATO is conducting research into the uptake of the COVID-19 minimum pension drawdown relief measure among SMSFs.