Treatment of capital gains and losses for an unsegregated fund

This is one of the more common questions we get asked and seemed like a good topic for our blog. We present you with simple diagram that should assist you with understanding the current legislation. Please note that this diagram disregards the impact of any proposed changes announced by the Federal Government on 5 April 2013.

Treatment of capital gains & losses for an unsegregated fund

*** Capital losses recorded before the fund converts to a 100% pension phase are crystalised and available for future use.

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DISCLAIMER: This information is an interpretation of rules, regulations and standards. It should not be considered as general or specific advice and neither purports, nor is intended to be advice on any particular matter. No responsibility can be accepted for those who act on the contents of this publication without first obtaining specific advice. Liability limited by a scheme approved under Professional Standards Legislation.