March 2021 Newsletter

Welcome to our March newsletter and to the start of a beautiful autumn here in Perth.

Our first article in this month’s newsletter provides useful information about the Age Pension eligibility tests. The Age Pension remains a vital source of income for many older Australians in retirement, however it is important understand how it will shift your financial resources.

Learn about several strategies you can use to boost your retirement income through the Government’s Pension Loans Scheme in a helpful video.

In the unfortunate event that you were to become totally and permanently disabled due to a sickness or injury and unable to work again, a total and permanent disability (TPD) insurance policy could play a vital role. Read and understand your options through our ownership structures article.

Did you know that contribution caps to limit super contribution amounts are set to increase from 1 July 2021? We provide suggestions for how to make the most out of your existing super and future contributions under the new rules.

Lastly, we leave you with a short but insightful TED Talk from Jennifer Petriglieri, who offers guidance on how working couples can support each other.

Don’t forget to make the most of the Bellwether Knowledge Centre by joining today for an exclusive login. Browse member-only industry information and help improve your personal financial circumstances.

Kind Regards,

The team at Bellwether Financial Group

Newsletter Articles

Age Pension entitlement: Eligibility tests

The Age Pension remains is a key source of income for many older Australians in retirement. In this article, we discuss the Age Pension and the eligibility tests that need to be met to qualify for it.

Pension loans scheme animation

Our retirement income—and subsequent retirement outcome—can be affected by how we use our assets. In this animation, we illustrate one option to boost retirement income, the Pension Loans Scheme.

TPD insurance: Ownership structures

When establishing an insurance policy, it’s important to choose an appropriate ownership structure. In this article, we cover total and permanent disability (TPD) insurance and ownership structures.

Update: Indexation of contributions caps

The contributions caps limit the amount that can be contributed to super. In this article, we provide details on the future indexation of the contributions caps (concessional and non-concessional).

How working couples can support each other

In June 2020, there were roughly 3.3 million couple families with both partners being employed. In this TED Talk, Jennifer Petriglieri offers guidance on how working couples can support each other.