Is this potentially a breach of the Sole Purpose Test ?It would be difficult to argue that using your Qantas points to load up on wine would be enhancing a member's retirement.If you have enough points and have enough wine, you may just forget about your retirement.They may be better off being able to cash in their accumulated points and making a non-concessional contribution to their super account instead !
In order to give you the best site experience, we need to know what kind of investor you are. Please select the title that best describes you below.
Financial Advisers - Investment
Financial Advisers - SMSFs
Individual Investors with SMSFs
Financial Advisers - Insurance
Accountants and Solicitors
Financial Services Professional