Transition to retirement pensions

Transition to retirement pensions – back to their true purpose The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they … Continue reading Transition to retirement pensions

Changes to the Assets Test for Centrelink Aged Pensions

Changes to the Assets Test for Centrelink Aged Pensions from 1 January 2017 As the end of the year is drawing rapidly to a close it may feel like the changes to the Asset Test for the Aged Pension have just been drawn up, however, these were announced in the 2015 Federal Budget. As a trustee, … Continue reading Changes to the Assets Test for Centrelink Aged Pensions