Advisers Answer A Question On Assets Affecting Age Pension

In our 'Ask an Adviser' series this week Rachael Todman and Kris Jenkins answer a question on what assets affect Age Pension eligibility and payment.

Ask an Adviser

"In regard to receiving Age Pension, would money in the bank, shares, and superannuation all be considered assets? If I add all three of these, it comes to over $270,000. Would I still be eligible to receive Age Pension in full?"

- Question from Robyn in Cranbourne, VIC

Read the response from Rachael Todman of Consortium Private Wealth in Horsham, VIC