Print To reduce complexity in retirement income, the government should remove or simplify the transfer balance cap (TBC) proportional indexation, reduce the number of total superannuation balance (TSB) thresholds, and provide self-managed superannuation fund advisers and administrators access to Australian Taxation Office (ATO) portals. These were the recommendations of the SMSF Association in its 2021/22 pre-Budget submission. The association’s chief executive, John Maroney, said: “With Transfer Balance Cap (TBC) indexation now occurring on 1 July 2021, we believe it is imperative that a simpler method of indexation is implemented. Additionally, the Total Superannuation Balance (TSB) thresholds should be streamlined. “The superannuation system is not only difficult for trustees and members but also their advisers who must be privy to information which, in many instances, they are unable to access in an accurate and timely fashion.”