Simplified super: additional draft regs and standard portability form released

The Assistant Treasurer has announced the release of further draft regulations and a standard portability form to support the simplified superannuation reforms. The standard portability form and instructions are for use by members to request a transfer of the whole balance of superannuation benefits between funds. The draft regulations also make amendments to support the concessional and non-concessional contributions caps, and provide guidance to funds on the handling of member contributions made without a TFN.