How do the Latest Budget Updates Affect Your Retirement Lifestyle Plan?

The Federal Treasurer’s announcement on Thursday 15 September 2016 regarding further superannuation reform measures re-opens the door for non-concessional superannuation contributions (NCCs), after more than four months of uncertainty on the issue. Prior to this announcement, the May 2016 Federal Budget proposal of a $500,000 lifetime cap (taking into account all NCCs made from 1…