The ATO has released guidance intended to help funds navigate the new TBA debit calculation for commutations of market-linked pensions, which was passed as law in June.

SMSFs with a lifetime pension in place could face conflicting legislative instruments due to the current economic climate, a technical expert has said.

The negative impact COVID-19 has had on investment markets could result in solvency issues for SMSFs with complying defined benefit pensions, a leading actuary has said.

Rolling over a market-linked pension from an SMSF can create hard-to-escape traps for members with low balances, as well as those with very high balances.