Tax with Max: Industry vs. commercial funds

How pension age compares to super preservation age, and the origin of industry funds.

Summary: For those born after June 30, 1952, the pension age test increases in half yearly increments from the age of 65. If you were born between July 1 1952 and December 31, 1953, your pension age would be 65.5. Ensure you know your pension age before planning your retirement.

Key take out: Those looking to retire before the age of 65 should seek professional advice to determine strategies to ensure you can continue to fund your current lifestyle.

Key beneficiaries: General investors. Category: Tax.



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