Individuals have been reminded of the timeframe if they want early access to superannuation on compassionate grounds over Christmas.

There is an indication the superannuation gender gap is beginning to close across the SMSF sector as per the latest ATO quarterly statistics.

A cap on superannuation balances would not penalise people who have taken advantage of past contribution rules, but counter their generous provisions.

Uncapped superannuation balances are hard to argue for in a taxpayer-subsidised system and reduce consumer trust and confidence.