On 1 July we released the updated Retirement Income Simulator for the 2017-18 financial year. There were no changes to the underlying calculations, just parameter updates as follows:

• Co-contribution eligibility income threshold
• SG maximum contributions base
• Age pension income test and deeming thresholds

Our February release included the important updates to incorporate the transfer balance cap and new contribution caps.

Back in June some may have noticed a change in the presentation of fees on the Assumptions panel. This achieved two objectives:

• allow the user to set a different percentage fee for the post retirement period
• simplify the Assumptions panel to focus more on investment returns than fees

Tags: 2017 transfer-balance-cap fees