No indexation for the transfer balance cap (for now)

In our blog post titled, ‘once indexation starts, let the fund begin’ on 2 December 2019, we spoke about the potential for indexation of the general transfer balance cap (‘general cap’) where the CPI figure for December 2019 is 116.9 or higher.  Well, the Australian Bureau of Statistics’ CPI figure released on 29 January 2020…