Q: I saw SuperGuide's article about not being able to add to a pension once it's started. Does this mean that it's not allowable to commute the pension, add the additional funds, and then restart a "new pension" with the increased amount? Obviously, all on the same day.
A: Background here, once we start a pension within super, we're not allowed to put any more capital. We can't add it to that pension by way of contributions or capital. Now, of course, the pension balance can grow with things like interest and dividends and rent. Earnings can increase the value of our pension, but we can't add more capital to a pension. So, if we've got a pension running and we make a contribution, we can't mix that contribution in with our current pension.
