A couple of Super advisors have highlighted a potentially very nasty situation in relation to the above. One issue in relation to the $500,000 cap is what happens when someone has used the 3 year bring forward rule to contribute up to a max of $540,000 to Super in the last couple of years. Some experts are suggesting that because one is bringing forward a future contribution any part of that contribution attributable to the period after 3 May 2016 which exceeds the lifetime $500,000 cap would need to be withdrawn from Super. I imagine a number of those who have purchased IPs in their SMSF may have used the 3 year bring forward rule which includes the period beyond 3 May 2016 to get a large contribution into their SMSF as a deposit etc. Any Super experts here care to comment on this? The admin complexity of some of the changes being proposed is mind boggling. That's what happens when Turn-bull's "thought bubbles" become actual policy! Thanks in advance.