From 1 July 2026, the maximum amount that can be invested in an eligible funeral bond and remain exempt from the Age Pension assets test has increased to $16,250.

One way for pensioners to reduce assessable assets is to invest in a funeral bond, such as Sureplan Gold. This is because, providing you invest in no more than 2 funeral bond policies, with a total investment that does not exceed the threshold (currently $16,250), your funeral bond investment/s will be treated as an Exempt Asset. The reason for this is that after the first 30-day Cooling Off period, you cannot withdraw funds from your funeral bond for any reason as it must be used to help meet the cost of your funeral.

Talk to us on 1800 817 105 or submit an online enquiry about Sureplan Gold funeral bonds today. 

*Please seek professional financial advice for your individual situation.