The last month has been a hectic one for the industry, with a pre election Budget, further progress on implementation of the Royal Commission recommendations, and a spate of releases from the regulators before the move into caretaker government. 2019-20 Budget The Budget delivered on 2 April contained a few measures targeted specifically at superannuation, but no sweeping reforms. The most significant of these measures include: fund tax rules: the current tax relief for merging superannuation funds (due to expire on 1 July 2020) will be made permanent and the requirements for the calculation of exempt current pension income will...