The start of a financial year always brings new rules for superannuation fund members.  The following article looks at some new (and not-so-new) rules in more detail.   Abolition of the work test to age 67   Until 30 June 2020 there was no need for a member to satisfy a work test for personal concessional contributions and non-concession contributions (NCC) before reaching age 65. However, once they reached 65 in the financial year a work test of 40 hours in 30 consecutive days was required to be met at some time during that year and prior to the contribution … Continue reading Superannuation Rule Changes From 1 July