Account-Based Pension vs Annuity: The Retirement Income Decision in 2026

Senior couple at a desk reviewing retirement-income documents with a laptop and smartphone, illustrating the account-based pension versus annuity decision Véurr Financial Planning helps Canberra pre-retirees navigate.

Account-based pension, lifetime annuity, or hybrid? A Canberra specialist adviser’s framework for the 2026 retirement-income structure decision — including how Centrelink treats each, the tax differences, and how the choice interacts with CSS, PSS, DFRDB and MSBS scheme entitlements.