How to Consolidate Multiple Pensions

The LightYear Docs SMSF Trust Deed provides a specific mechanism to consolidate multiple pensions.  In addition we have documents enabling a roll back and then a commencement of a consolidated account based pension.

1. Upgrade the SMSF Trust Deed - You can find this document when logging into your account and clicking on the Document Wizard in Templates / SMSF Establish, Maintain & Upgrade / Standard SMSF and Documentation and Minutes folder or simply search: SMSF Deed of Variation

2. Rollback the pensions to the fund's accumulation side - You can find this document when logging into your account and clicking on the Document Wizard in Templates / SMSF Income Streams / SMSF Income Streams folder or simply search: Account Based Pension Rollback 

3. Commence an Account based pension with optional reversionary pension - You can find this document when logging into your account and clicking on the Document Wizard in Templates / SMSF Income Streams / SMSF Income Streams folder or simply search:  Account Based Pension

If you're stuck with searching or finding the documents, click here for more information on your document wizard.

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024