We recently reminded you not to miss out on the benefits of a Commonwealth Seniors Health Card. We projected that almost one million retirees would now be eligible.
James Coyle
James has over 35 years experience in financial services with particular expertise in two of the key components of retirement finance - Superannuation and the Age Pension. He is passionate about providing the guidance and support that can help older Australians enjoy their best possible retirement.
He lives in regional Victoria surrounded by dogs and chooks.
What Centrelink can do … and what it can’t
Recent reports on Centrelink surveillance of clients have rung alarm bells. It’s easy, as a recipient of government benefits, to feel powerless in the face of a large bureaucracy. You are not powerless. In fact, as the recent enquiry into Robo-debt revealed, ultimately Centrelink clients have rights and can exercise them. Today we explain the detail of what Centrelink can do – and what it cannot.
What you don’t know … might be hurting your finances
While Australia gets plaudits on the global stage for having a strong savings system in place, getting money out of an accumulation account and using it well when it’s time to draw down remains difficult. This is due to the complicated interaction between superannuation, the Age Pension, private savings, tax, and all the rules that connect all these different ‘moving parts’.