[Erin Ashwood]

Hi Maria,

Thanks for your reply. Is your answer specific to Death Benefit Pensions?

I understand those are the requirements for pension accounts of living members. However, there have been recent changes to the treatment of DBP’s.

ATO page states “If the commutation authority is for a death benefit income stream, the amount must be paid as a super lump sum.”

https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/smsf-administration-and-reporting/commutation-authorities-for-smsfs