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Centrelink Planning & Administration

We consider 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.

We provide consulting advice on Centrelink eligibility with the financial circumstances as they currently stand.  We also can 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.  Also we can identify the optimum financial arrangement for a given client taking them from the existing way they have set up their financial affairs to a more efficient way to arrange them - so as to avail yourself of all possible Centrelink benefits.

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. 

We put our advice in writing and can if you wish support you all the way through the process until the Age Pension is received and thereafter with each 6 monthly update in financial affairs if this is required.

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

Finally if you have a change in circumstance we may be able to assist you to make the best changes as a consequence.  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.  We are accredited and to and can advise. Our service includes implementation (where we have provided advice / you have commissioned a Statement of Advice).