Seniors Concession Cards exempted from Asset Test hit

By Steve Blizard    14 November 2016 While 313,000 self-funded retirees will be impact by the new Asset Test from 1 January 2017, fortunately, the Coalition government wasn’t silly enough to extend the aged pension cut-backs to concession cards, thus minimising the risk to these retirees of losing their pharmacy discounts. The Commonwealth Seniors Health Card…

Agreement on super boosts investor confidence

By Steve Blizard   7 Oct 2016 After five months of needless uncertainty and confusion created by the Federal Coalition and Treasury, the major parties have finally found common ground on superannuation. Individuals will be allowed to hold up to $1.6 million in the tax-free pension phase, concessional (tax deductible) super contributions will be reduced to…