29
Jul

Pensioner Deeming Rates Reduced

The Government has  announced a cut in the deeming rates although the reduction has fallen short of pensioner expectations with only a 0.25% change in the upper rate. The new deeming rates will apply from 1 July 2019, however the benefit of the reduction will not be received until 20 September 2019 when pensions are next adjusted for inflation.

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