An increase in the Asset Free Area to qualify for the full Age Pension (see table below); and A reduction in the Part Pension Assets Threshold, with a doubling of the pension reduction taper rate from ...
Advisers and financial planners have expressed some frustration over the substantial changes to the Age Pension assets test, which are due to be implemented from 1 January 2017, with the social ...
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Pension changes to assets and income tests revealed
The Federal Government announced changes to the upper and lower thresholds of the age pension assets and income tests today. The changes mean that from 1 July, Australians will be able to own and earn ...
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