Is it time to apply for the aged pension? Pt. 2

Some weeks ago, I wrote a blog called ‘Is it time to apply for an age pension?’, which looked at the complexities and frustration of the application process. Some readers have asked the question - when should a person look at whether they would qualify for an age pension? For many people, ...

Change for good or change for the sake of change?

With the rather significant swing against the Coalition at last weekends’ by-election in the Sydney seat of Wentworth, we turn our attention to next year’s Federal Election, expected to be held around May 2019. If present trends are an indication of the future, we will see a change of government with ...

How expensive is retirement?

Regular readers will know that we often refer to the costs of living in retirement published by the Association of Superannuation Funds of Australia and known as the ASFA Retirement Standard. The figures are updated every three months to take into account movements in the general cost of living. The latest ...

Is it time to review your Account Based Pension?

On the 1st of January 2015, the age pension assessment of account-based pensions changed.  Assessment of account-based pensions was brought in line with other “financial Investments”. What does this mean? The balance of the account-based pension, regardless of the income being drawn down, was assessed in the same way as money invested ...

Superannuation death benefits – do you know where yours will go?

Unfortunately, this blog is not a happy one. But it covers a very important subject. Over recent weeks I have had what seems an abnormal number of questions from advisers regarding their clients who have recently lost a loved one or have been diagnosed with a terminal illness. Even at our recent ...

 

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