Preservation age is a term that is used to denote the age at which you can access your superannuation funds without penalty
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.
Age Pension increases
Taking a long view when managing your money is almost always the best strategy. It can be difficult to do this with frequent changes to key financial indicators such as price hikes, stock market volatility and changing Age Pension rules.
Reporting income
The difference between assets and income (and therefore what is reportable) can be very confusing. There are also penalties for misreporting or failing to report, so there is a lot at stake.