Super legacy pensions: Regulations offer window to exit

Super legacy pensions: Regulations offer window to exit

Feb 5, 2025 | Pensions

For legacy lifetime, life expectancy and market-linked superannuation income stream products that generally commenced prior to 20 September 2007, the shackles have finally been released but care is still required. Regulations that came into effect on 7 December 2024...
Upcoming changes for pension and income support recipients

Upcoming changes for pension and income support recipients

Nov 1, 2023 | Pensions

As a part of the government’s strategy to get more people back into work to solve skills shortages being experienced by many industries, a permanent enhancement to the pensioner work bonus has been announced, along with a doubling of the employment income nil rate...
Minimum pension payment changes

Minimum pension payment changes

Aug 1, 2023 | Money, Pensions

Retirees who draw an account-based pension from their super need to be aware that the 50% reduction in the minimum pension drawdown rate for superannuation and annuities which applied for previous years will no longer apply from 1 July 2023. This temporary measure was...