More trustees are failing to meet minimum pension payment standards suggesting many commuting a pension do not fully understand their obligations.

Death benefit pensions that require an extended period of time to be paid can still qualify for exempt current pension income, a technical expert has said.

SISFA has recommended the government consider an excess pension payment refund for those who drew down their pension before a reduction was introduced.

The passing of a recent omnibus bill has restarted the clock for SMSFs to report when members have commuted a market-linked pension.

Tax-effective strategies associated with pensions need to be formulated before an income stream is commenced, a technical expert has said.

SMSF trustees are still unsure how to respond to whether their fund can use the segregated method when calculating the tax status of pension income.