A: Thanks for the question.

Yes, you can convert your SMSF to a TTR at any stage – provided you have reached preservation age (for most people, this is 55 years).

While there is benefit in doing it at any time, there is nothing magic about 30 June. In regards to taxation on your Fund in 14/15, you will only get the benefit for that fraction of the time that you were drawing a TTR – likely to be only a few days. Your effective tax rate for 14/15 will still be very close to 15%.