Prepaid memorials are excluded from the asset test.
From the 1st January 2017, changes to the age pension asset test came into effect, impacting many pensioners. As prepaid memorials are exempt from the asset tests for age pensions, prearranging a memorial through Newcastle Memorial Park could help seniors continue to qualify for an age pension.
Fill in the form below to request a call back or call (02) 4944 6000 to speak to a Family Service Adviser who can explain the benefits of prepaid memorials.
Please speak to a financial planner to help you decide if a prepaid memorial is right for you.