Question: I have an SMSF with two members, myself and my wife. We are both in pension phase with account based pensions, and each of our balances is in excess of $1.6M. All of our assets are either Australian shares or cash. In preparation for the super changes I have opened a new broking account and a new bank account to hold those assets that I intend to keep in the pension account. I intend to keep the highest yielding assets in the pension account and commute the rest to an accumulation account. I have already instructed the trustee (a company) to do this.