ASFA welcomes pension boost

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AUSTRALIA - The Association of Superannuation Funds of Australia (ASFA) has hailed changes to the Age Pension because it should enable 300,000 citizens to benefit from higher payments.

The changes, due to be implemented tomorrow, would set asset testing at a higher level, therefore enabling pensioners to access more state pension cash. Pauline Vamos, CEO at ASFA, commented: “...

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