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Pension

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Does ATO need to know how I spend my pension?

Does ATO need to know how I spend my pension?

While all regulated super funds have to report members’ pension payments to the ATO every three months, what happens when you manage your own super?

  • by Noel Whittaker

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Death and taxes are inevitable. Here’s how retirees can minimise the latter

Death and taxes are inevitable. Here’s how retirees can minimise the latter

If couples and families don’t put proper preparations in place, serious financial problems can emerge when a loved one dies.

  • by Noel Whittaker
Trillion-dollar piggy banks: Inside the world of sovereign wealth

Trillion-dollar piggy banks: Inside the world of sovereign wealth

Norway’s is famously huge. Qatar used its to buy Harrods. How do sovereign wealth funds work? And why isn’t ours as big as Norway’s?

  • by Angus Holland
How wealthy retirees cost taxpayers more than pensioners
Opinion
Opinion

How wealthy retirees cost taxpayers more than pensioners

In many cases, taxpayers are contributing more to support a self-supporting retiree’s lifestyle than a pensioner’s.

  • by Julia Hartman
We won the lottery, but lost our pension. Could we have prevented this?
Opinion
Opinion

We won the lottery, but lost our pension. Could we have prevented this?

Once you start spending your windfall, you may start to regain some of your lost pension. But consider yourself extremely fortunate and just enjoy the money.

  • by Noel Whittaker
There are four types of modern retirees. Which one are you?

There are four types of modern retirees. Which one are you?

Retirement age and the concept of retirement in Australia is changing dramatically, and there are four distinct approaches emerging.

  • by Bec Wilson
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Will my pension be cut if I move in with my sister?

Will my pension be cut if I move in with my sister?

Moving in with a sibling is unlikely to have a bearing on your pension as Centrelink does not consider family members as being in a relationship.

  • by Noel Whittaker
Deeming freeze a plus for pensioners, but rates can’t stagnate forever
Opinion
Opinion

Deeming freeze a plus for pensioners, but rates can’t stagnate forever

The freezing of deeming rates has provided some certainty in an environment of rising interest rates. But at some point they will need to rise.

  • by Noel Whittaker
Want to help the housing crisis? Bring back the pensioner savings account
Opinion
Opinion

Want to help the housing crisis? Bring back the pensioner savings account

Part of solving the current housing crisis needs to be removing financial barriers for people who want to downsize. Pensioners are a good place to start.

  • by Rachel Lane
If I use up my super on a lavish holiday, can I still get the pension?

If I use up my super on a lavish holiday, can I still get the pension?

Taking an expensive overseas holiday using your superannuation should have no bearing on your pension eligibility when the time comes.

  • by Noel Whittaker
I’ve paid taxes all my life. Am I entitled to a full pension?

I’ve paid taxes all my life. Am I entitled to a full pension?

Your entitlement to an age pension is determined based on need, not the amount of tax you’ve paid.

  • by Paul Benson