by James Coyle | Feb 26, 2020 | Centrelink Age Pension
Centrelink have now announced the changes to Age Pension income and asset thresholds plus payment rates. For senior Australians receiving the full Age Pension this translates to an additional $7 per fortnight for singles and $10 per fortnight for couples combined:...
by James Coyle | Dec 5, 2019 | Planning for Retirement
The benefits of keeping your money in super We often get asked the question,”When can I access my super and should I take it all out of my super fund?”. Obviously everyone has different circumstances, so there isn’t one right answer but here are some...
by James Coyle | Nov 15, 2019 | Centrelink Age Pension
“My spouse doesn’t qualify, I didn’t know I could still get the Age Pension” DID YOU KNOW: 75% of Older Australians surveyed by YourLifeChoices in 2018 say the rules and regulations of retirement income are too complicated. “They are not sure about Age Pension...
by James Coyle | Nov 15, 2019 | Company News
According to a new study, Australian brands are largely ignoring the ‘elderly demographic’, despite the fact that this group has the highest levels of wealth and disposable income. They also spend more than millennials and Generation X. The WPP AUNZ report...
by James Coyle | Oct 23, 2019 | Centrelink Age Pension
Patience is a virtue. But why wait for months to get your Age Pension if there’s a faster option? The current average wait time for an Age Pension approval is 49 days, but there are stories of seniors waiting much longer for their entitlements. The ‘ridiculous’ Age...
by James Coyle | Sep 30, 2019 | Company News
Darren Moffatt from Seniors First shares a case study of how a Reverse Mortgage can make a huge difference to the lives of Age Pensioners who are struggling to make ends meet. *Oliver and Charlotte are age pensioners who worked hard all their lives and are proud that...
by James Coyle | Sep 20, 2019 | Centrelink Age Pension
New Age Pension payment rates and Income and Asset test thresholds have come into effect today. Age Pension Payment Rate Changes Centrelink has reviewed and increased Age Pension payment rates. For senior Australians who are receiving the full Age Pension this...
by James Coyle | Sep 13, 2019 | Centrelink Age Pension
In this post let’s discuss an important cultural issue in Australia. The dignity of the age pension and the courage it takes to ask for a helping hand. The measure of a society is how it supports its senior citizens, and this is an idea that’s been...
by James Coyle | Sep 3, 2019 | Centrelink Age Pension
“Can you recommend a bank or institution where I can deposit my $85,000 at 3% interest?” This question was posted by a certain Leah Sheridan in the comments section of the blogpost we published on 15 July discussing the changes in the deeming rules ...
by James Coyle | Aug 27, 2019 | Centrelink Age Pension
You’ve worked hard all your life and you’ve grown your super into a nice nest egg. Now you’re thinking about converting it to an Account-Based Pension or maybe you already have, but you’re wondering how this will impact your age pension application? In order to be...