Tiffany Gray

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25 01, 2019

Proposed Centrelink Means Testing Rules for Lifetime Annuities

By | 2019-01-29T11:39:09+00:00 January 25th, 2019|Australian News, Market Summary, Weekly market update|0 Comments

22 January 2019 Michelle Bromley CFP® Director, Private Client Adviser   The Government’s 2016-17 Budget included proposed changes to how retirement income products, including lifetime annuities, are to be means tested from 1 July 2019. The proposed changes are linked to the introduction of Comprehensive Income Products for Retirement and are intended to encourage people [...]