Looking for a Super Alternative?

A raft of significant changes to superannuation rules that will come into effect on July 1, 2017 threaten to limit the effectiveness of the retirement income product to the point where retirees might need to consider other investments if they’re to enjoy their golden years.

This news comes hot on the heels of the January 1, 2017 changes to the age pension, amendments that collectively represent arguably the biggest shake up to the retirement income system in the last 10 years. It is simply a case of the government giveth and the government taketh away, with some winners and some losers. This is evident with some age pensioners having lost up to $9,000 per annum from January 1, 2017 and the focus moves to the top end of town.

Read Article

How changes in Age Pension may affect you

How changes in the Age Pension may affect you

If you are over, or close to the age of 65, it is important to understand the changes to the age pension asset test that come into force from 1 January 2017. These changes are significant and may affect the amount of pension you receive. While a small number of pensioners will be better off, some could be worse of by as much as $9,000 per annum.

Read Article