The Assets Test
Under the assets test the total value of an individual or a couples assets is calculated. When the total value of these assets is below a low asset threshold there is no reduction in the Age pension. Where the total value exceeds this threshold the pension is reduced until no pension is received.
The SMSF Referee has detected that you are offside trying to get into a scoring position while not being a member.
To make sure you can get the right information, become a member and join the game
Be quick and become one of the first 4000 foundation members and enjoy discounted annual membership fees for life.