“So entering into a splitting strategy earlier on can certainly assist to avoid ending up with a situation where you’ve got one client way over the existing transfer balance cap, and they get to retirement and their spouse is way, way under,” Mr Day said.

“What an adviser really doesn’t want is the client getting to retirement where you’ve got one client at $3 million and the other [spouse] at $200,000, because even with the spouse recontribution strategy you’re only going to be able to get in $300,000 under the current caps out and back into the lower income spouse’s [account].”

Mr Day said this will impact the ability of the couple to get as much as possible into the tax-free pension phase of retirement.

SMSF practitioners will need to look at using contribution splitting strategies earlier on to avoid this.

“What this simply involves is at the end of every year, you take 85 per cent of any concessional contributions and split those off to a spouse that maybe is working but has less in super than you, the main bread winner, maybe you have a spouse on parental leave or maternity leave or looking after a young family with a lower super balance that you’re trying to beef up.

“This will be one of the main strategy tools that advisers have to equalise balances on the way through.”