new super rules, page-10

  1. 6,204 Posts.
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    HI Dan1

    allocated pension and/or annuities.

    thus far
    pre 2007 , assets not counted , income not counted
    2007 , 1/2 assets counted , income not counted
    pre2015 , full assets counted , income not counted
    2015 , full assets counted , income deemed

    The above is grandfathering....these are the exemptions
    IF YOU ARE LESS THAN 65 NOW and will have an allocated pension prior to 2015 .

    She has a retail fund allocated pension from 2007 from which the income will NOT be assessed but 1/2 the initial starting sum will be.....grandfathered....

    cheers BAxter
 
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