Client Login

 

CPA

Centrelink Planning & Administration

Ascendia considers all aspects of a pre-retirement plan or a retirement income plan including access to and eligibility for Centrelink benefits. 

We use financial modelling to identify and allow us to plan for and maximise a client’s access to age pension benefits over the full period of their retirement – not just the first few years.

A retirement or pre-retirement plan that truly targets the maximum Centrelink benefits will need to include the use of a number of financial tools and carefully optimise the amounts of assets and income to be allocated to each tool. 

For instance we are licensed to and fully accredited and experienced in using:

  1. Allocated Pensions

  2. Transition to retirement Allocated Pensions

  3. Term Allocated Pensions

  4. Accumulation Superannuation until access rules prohibit effective use

  5. Self- Managed Superannuation Funds

  6. Complying Pensions and Annuities

  7. Lifetime Annuities

  8. Term Annuities

  9. Discretionary Family Trusts and related implications

  10. Asset Structuring including gifting.

Ascendia provides consulting advice on Centrelink eligibility with the financial circumstances as they currently stand. We also model and advise on eligibility assuming alternative possible/practicable changes in your (or your parents) financial affairs. So if you are contemplating changing your affairs around we can assist by showing you the impact beforehand. 

We use the most up to date and industry leading financial modelling software that incorporates all the Age Pension eligibility tests and allows us to model a financial situation completely. We can do this and then take you through the results - you may be surprised. It allows us to identify optimum financial arrangements so as to avail yourself of all possible Centrelink benefits.

Our advice is in writing and we can (if you wish) support you all the way through the process until the Age Pension is received and thereafter with each six monthly update in financial affairs.

We can advise and consider the impact of existing investments held personally, by spouses, in trusts, in companies etc.  We can also advise on the impact of assets held with other parties (eg. rental properties), interest in family businesses etc.

Finally if you have a change in circumstances we may be able to assist you to make the best changes in response to the change. You may inherit an asset, a partner may die, you may need to obtain aged care in a dedicated residential facility and wish to maximise your Centrelink benefits in these circumstances. Our service includes implementation (where we have provided advice and/or you have commissioned a Statement of Advice).