
Challenger Tech: Making the most of 1 January 2017 Assets Test changes
There are two changes to the social security pension Assets Test on 1 January 2017:
1. an increase to the Assets Test thresholds, and
2. doubling of the taper rate from $1.50 to $3 per $1,000 of assets per fortnight.
This paper takes a closer look at the short and longer term implications for overall retirement outcomes.