Labor has claimed there are significant problems with the Your Future, Your Super bill, particularly around performance measures, that need attention.

The government regards any change to the super guarantee as a trade-off between working and retirement income.

The government wants to assist Australians to use their retirement savings more efficiently as part of a policy to improve retirement outcomes.

There will be a number of knock-on effects for SMSF clients when the concessional contributions cap increases in July.