Monthly Archives: December 2015

age pension changes 2017 SMSF

Devil in the detail with Age Pension changes

New changes to the eligibility for the Age pension is due to come into effect on 1st Jan 2017.   With the state of the Federal budget in deficit,  one might argue that changes to the age pension are inevitable.

However, the fairness of the new rules will undoubtedly be something that many existing pensioners will question and I expect many people will adjust their spending plans once they figure out how the new rules will affect their pension entitlement.