Retirement income streams such as allocated pensions and allocated annuities can be an effective way to fund your retirement.
Allocated pensions (now called Account Based Pensions) can provide you with regular income from your superannuation. In many cases this income is treated favourably by Centrelink when they assess your income for the Age Pension. Also, allocated pension income is tax free when you’re over 60 years old.
In this section we provide links to some articles about allocated pensions. It’s important to get them set up correctly in order to minimise the risk of running out of money in retirement. Call us on 08 8364 0066 to arrange a time to meet with us to get advice about whether an allocated pension is suitable for you.
