Ask the Expert: Super, pensions and investments – how to balance them for the best return

It may sound daunting, but there are various ways to balance pensions and investments to get the maximum return from your super. Photo: TND

• Question 1: Hi Craig, my husband and I are both 68, retired and on a part age pension. Our super combined is $540,000. Our assets are $40,000. We have not accessed our super yet. Living on $500 age pension per week. Does Centrelink help us access super? Or what is the best, cheapest way to go about getting extra income each week?  We own our home with no other income. 

Centrelink will not help with choosing a super pension provider or with the paperwork. This is done through the provider themselves.