Pensions to rise as deeming rates fall
September 9, 2019
It’s been a long time coming, but up to 630,000 retirees could soon enjoy a small but welcome increase in their Age Pension payments following a cut in deeming rates used for the pension income test.i Under the Age Pension income test, you are ‘deemed’ to earn a certain rate of interest on your savings…
Beware of pension pressure
February 2, 2017
Changes to the pension assets test that came into force on January 1 have resulted in some retirees losing some, or all, of their pension entitlements.
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