On 1/7/22, the Federal Government increased the Centrelink ‘exempt’ limit amount on Funeral Bonds to $14,000 for the FY 2022/23.
Existing or new Funeral Bond holders can now have up to $14,000 contributions per person invested in a Funeral Bond and this amount will be exempt from both the Asset and the Income test, for Centrelink Age pension purposes. Conditions apply, …
KeyInvest are proud to announce that as a result of our most recent Lonsec research rating review, our Life Events Bond has been upgraded to ‘Highly Recommended’.
Our new improvements and inclusions to our LEB contributed in part to this upgrade,
We have a new revamped investment menu, which was expanded from 27 to 41 options (still with a focus on low cost …
As an Adviser, are you looking for Estate Planning solutions for your clients? Di Ranger, National Sales Manager, Financial Services at KeyInvest, gives an overview of just how simple & effective Tax Paid Bonds can be in this space.
From 1 July 2021 the Funeral Bond exempt asset limit remained at $13,500. Funeral Bond holders can have up to $13,500 of contributions in a Funeral Bond and the whole balance is exempt from the Age Pension asset and income tests. Conditions do apply, so contact KeyInvest or Centrelink for more information.