The new Centrelink rules may affect your future government age pension entitlements. From 1 January 2015, deeming rules will assess the income from your account-based superannuation when determining your pension, benefit or allowance payment from Centrelink. Account-based superannuation income streams held by pensioners and allowed prior to 1 January 2015 will continue to be assessed under the existing rules unless they choose to change products or buy new products from 1 January 2015.   The following example demonstrates how the deeming rules will be applied after 1 January 2015 compared to the current rules. Jack (65 years old) has a … Continue reading Update on the Centrelink changes that may affect your age pension