Following the delay with the measure, Australian Executor Trustees senior technical services manager Julie Steed said some SMSF professionals are considering some possible solutions for clients impacted by the delay who are in this age group and want to utilise the bring-forward rules.

“I know some practitioners have been advocating to just put one dollar more, so put $100,000 and then one extra dollar,” Ms Steed said.

“[That way], you’ve only got an excess of $1 but you’ve triggered the bring-forward. [However], this still puts advisers in such a difficult position because, for most licensees, you have to base your advice on current laws.”

BT head of financial literacy and advocacy Bryan Ashenden said for what was a relatively uncontroversial change, the delay in the passage of the bill continues to frustrate many clients.

“Delays like this can cause some confusion around the superannuation system, and it is worth noting that the Retirement Income Review report recently released by the government noted that older people are concerned about frequent changes to the superannuation system and that policy reforms can undermine confidence in the system even when it improves outcomes,” Mr Ashenden stated in a recent BT podcast.

There are a growing number of Australians inadvertently disadvantaged because of the delay, he said.

“If they have turned 67, and the bill ultimately passed, while they could still use the bring-forward rule, they would need to meet the work test,” he explained.

Mr Ashenden previously said he is hopeful there will be some kind of transitional relief available as a result of the delay to ensure Australians in this situation are not unfairly disadvantaged.