SMSF members must meet their mandatory minimum pension amounts in order to claim their tax exemptions for the financial year, an SMSF expert says.

Advisers making changes to BDBNs or reversionary pensions may be engaging in legal work that could negatively impact on them and their clients.

The level of sophistication involved with a reversionary pension comes down to three things that or high importance, according to a SMSF sector strategist.