Redtop it's not just money in the bank which is included I Australua. People we know bought a plot of land where they intended to build a retirement house one day and that was included too when assessing whether or not they could receive a pension.
If the UK pension was above the tax threshold, it would be taxed. It's not the fact that it is a pension, it is that it would not usually be above the tax threshold, although, as Maggiemaybe has pointed out, if SERPS was added, that is possible.
How do you acknowledge Easter.