My husband, aged 60, already has a transition to retirement pension in our SMSF.

I propose withdrawing the maximum pension and reinvesting it as a non concessional contribution to decrease the taxable component of his super.

Under current legislation will this be correct, or is it the case once a pension has started the taxable and non taxable components are fixed?

I have noted the price of oil dropping, yet the price of our fuel stays well over the dollar.

When oil was around $150 a barrel we were paying just over $1.50 a litre.

Now it is mid $30s and maybe falling more, so how come we are still paying as at today, just over $1.30 a litre?

Is there such a thing as a graph showing the comparison of the barrel cost vs the pump price say over the last 10 years ?

My husband and I are beneficiaries of our own SMSF that has a corporate trustee where we are both directors. We are both 56. I work part time in the 30% tax bracket. I am administering our fund. We have most of our super in AU shares and US shares and have a small amount in cash. I was thinking of commencing a transition to retirement with a re-contribution strategy. I use cloud based SMSF software so I know my account balance at any time. In order to commence a transition to retirement it’s my understanding assets in the fund have to be divided up between my husband and myself. How is this possible when 95% are in shares? Do I need to make a decision as to which shares would be moved to the asset base for paying the pension?