i. Optimising benefits received
There is a very wide range of benefits that support people in all manner of necessitous circumstances. Our focus is more on the benefits that assist people that are a bit short on adequate income for a self sustaining retirement and so we have developed programs that can analyse and project your needs and potential to gain additional benefits from Centrelink.
Sometimes all that is needed is to re-position your assets in order to boost your entitlements.
Again, like the retirement planning phase, this is an area that should be addressed before it is even needed, i.e. check out your situation before you reach benefit age or go into nursing care.
ii. Balancing Age Pensions with Account Based Pensions
Under Centrelink rules the amount that a person draws from a Personal self funded pension is ignored as "income". The figure used by Centrelink as of the 1/1/16 is the "deemed income value" of the current value of the Account Based Pension. We can calculate this for you.
It is an important privilege that is sometimes overlooked by people that do not seek proper professional advice and thus they often fail to apply for a Centrelink benefit that could have been available.
Let us check out your potential entitlements.