Superannuation, retirement and eligibility to the pension are regularly in the news headlines at the moment, yet studies have shown that much of the ‘jargon’ used when talking about these topics confuses most of us.
https://www.australianunions.org.au/2015/07/08/can-you-speak-superannuation/
Do you know if your retirement plans will be impacted?Currently, the Centrelink Income Test used to calculate eligibility for benefits such as the Age Pension, treats income received from Account Based Pensions differently from that received from other sources such as bank accounts, managed funds and shares.