1 Jan 2017 pension shift sparks asset trimming

28 Dec 2015  By Joanna Mather  Australian Financial Review Renovating the family home, taking holidays or giving money to children are among the strategies retirees can use to get around a tighter pension asset test starting on January 1, 2017, financial planners say. Other options include moving savings into a spouse’s superannuation fund, gifting money to children or grandchildren, purchasing pre-paid funerals and spending on holidays. Across the country, financial planners are…