Tighter assets test creates pension bias

By Daryl Dixon
Updated April 23 2018 - 8:13pm, first published May 27 2015 - 12:08pm

As explored in earlier columns, the doubling of the pension asset test taper rate to 7.8 per cent will, if implemented, encourage current and future retirees to overinvest in the family home or to dissipate their capital. However, at the same time the government has not altered the opportunities for defined-benefit superannuation fund pension recipients to access an age pension.

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