May 27, 2019 | Accessing Superannuation, Blog, Retirement Income Streams, SMSF, Superannuation
This article discusses how to rollback a pension to accumulation within superannuation. Within superannuation you can have an accumulation account and/or a pension account. In fact, you may have separate accumulation accounts with different superannuation providers....
Oct 4, 2018 | Blog, Centrelink, Retirement Income Streams, Superannuation
The defined benefit pension Centrelink asset test is based upon the capital value of the income stream. The nature of defined benefit pension income streams is that they do not have a capital value. If you refer to your defined benefit income stream schedule for...
Sep 12, 2018 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, Superannuation
The partial commutation of an account based pension is where a portion of the capital value of the pension is withdrawn or rolled back to superannuation accumulation phase or withdrawn from super entirely. Partial commutations of account based pensions are usually...
Nov 5, 2015 | Blog, Centrelink, Retirement Income Streams
As if it wasn’t already difficult enough to figure out Centrelink’s assessment of superannuation and income streams! 1 January 2015 saw significant changes to the income assessment of account based pensions and effective abolishing of the deductible amount...