Webinar – Pension standards: Pitfalls and Planning Opportunities

July marks the start of a new financial year and 2023/24 sees the return to normal minimum pension requirements, something that we haven’t seen since 2018/19.  It is also the first month that we start to identify situations where clients haven’t met their minimum pension obligations for the previous year.  Failing to pay the minimum pension has consequences but those consequences are different subject to the type of pension.  Similarly there are consequences for paying too much pension. All pensions must meet specific pension standards and failure to meet those standards can impact both the fund and the member.

This webinar explores the income tax and SIS issues where a member fails to meet the pension standards, whether it be a transition to retirement income stream, account based pension or death benefit income stream.  Amongst the issues that we consider will be:

  • When a pension ceases
  • Dealing with shortfalls
  • Failing TRIS requirements
  • Death Benefit pension obligations


Leaning Outcomes:

At the end of this webinar, participants will have an appreciation for:

  • the impact of failing the minimum pension, including loss of tax exemption.
  • how benefit payments are treated, subject to the type of income stream being paid.
  • what concessions may be available for the pension to continue.
  • Ideas to contemplate when a pension shortfall may exist in an income year.


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Presenter: Tim Miller

Cost: Free

Date: Tuesday 18th July

Time: 12:30 pm – 1:30 AEST

Accredited CPD Education

SuperGuardian’s education activities are assessed against the SMSF Association’s professional education standards. Being recognised as an SMSF Association Accredited Educator enables us to work closely with the Association in lifting the standards of professional SMSF advice and services through quality SMSF education.


Tim Miller

Tim Miller is the SMSF Technical and Education Manager at Smarter SMSF and is one of Australia’s leading SMSF educators and presenters with over 25 years’ experience in the Superannuation industry.  His experience has been gained through providing legislative and compliance support to thousands of Trustees, Accountants and Financial Planners since joining the SMSF sector in 1999.  In addition to servicing the needs of SMSF clients, his practical and personable approach to compliance has made him a much sought after presenter.

Tim regularly presents at the major SMSF conferences and events, contributes to various trade and general publications, he is a Fellow SMSF Association Specialist and was awarded the CEO Award at the 2023 SMSF Association National Conference for services to the SMSF sector.