Category: Centrelink

Changes to the Age Pension assets test

  The government’s recent changes to the Age Pension could affect your ability to plan for a comfortable retirement.   Recent reports[1] suggest that more than 300,000 Age Pensioners will have at least part of their pension cut, with just under 100,000 of these people losing all Age Pension entitlements, taking effect from January 2017. […]

New rules for government pensions

Will the changes reduce the amount you receive? From 1 January 2015 new Centrelink rules could affect your government age pension entitlements for the rest of your life. Let’s look at what the changes could mean for you. Have you spoken with a financial adviser recently? It pays to be aware that if you receive […]