Pension Benefits With Prepaid Funeral Plans
     
 
Recently, a number of changes have been made to the pension asset test.

Changes that will see the amount deducted from your pension each fortnight literally double – from $1.50 to $3 for every $1,000 above the asset-test threshold.

For many people, ordinary hardworking Australians, that adds up to a considerable amount to lose.

But there is an easy way to keep your money, yours.

All that’s needed is some forward planning.

We all know how to plan ahead; for the weekly budget, the annual holiday, or even by making a will.

Investing in a funeral plan from Peter Elberg Funerals is simply planning ahead.

Having such a plan is a positive step with many advantages for you and your family.

But how can a funeral plan help you keep your pension?

The money you invest in our prepaid fixed-price funeral plan will not be included in your pension asset test.

In fact, the plan will act to reduce your level of assets on paper, which is a good thing. The less money you have over the assets threshold, the more pension you keep in your pocket.

But that’s not all. A prepaid fixed-price funeral plan offers even more financial benefits.

On average, the cost of a funeral doubles every eight years. However, because the price is fixed, you and your family will have the peace of mind of knowing that
the cost will never increase, regardless of the rate of inflation.

And lastly, you’ll be reassured to know that your prepayments will be securely invested and held in trust, in accordance with Government legislation, by Foresters Friendly Society.

For more details, or to secure your prepaid fixed-price funeral plan today, please call 8234 1266 or leave a message on our contact page

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About Peter Elberg
Peter Elberg is a highly-regarded member of the South Australian funeral industry.

He has been in the business for over 50 years, after emigrating from Holland in 1959.

Peter Elberg Funerals was founded on the principle of providing assistance to bereaved families in a personal, caring and professional manner. Very much a family company, the team at Peter Elberg Funerals are committed to excellence, underpinned with individual care and absolute integrity.

Peter is now a well-known and respected South Australian and elected council member. He is actively involved in a variety of community activities including Jaycees, sporting groups, ethnic clubs, schools, and church associations.

In 2010, Peter was awarded the Order of Australia medal in recognition of his commitment to community issues, in particular, for his fundraising for cancer research.

  Peter Elberg OAM, JP
 
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