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With the ageing population and one in three individuals over age 85 suffering with dementia, SMSF firms without an aged care advice solution may fall behind, warns an aged care specialist.
When taking into account the costs of aged care, the current retirement planning approach taken by many advisers may fall short of predicting the real retirement income needs and leave clients with significant shortfalls.
Aged care advice is emerging as a hot topic for financial advice. This article explores the issues for creating a client value proposition and the biggest challenges for aged care advice.
It’s time to debunk some common myths surrounding aged care advice, while explaining why planners should consider aged care as part of their suite of services.
The home is often the largest asset for clients moving into aged care and how it impacts the fees payable can be complex. This article looks at some of the rules, particularly in relation to exemptions for a protected person.
Ask clients where they want to live as they get older and most will probably respond that they want to remain in their own home. None of us want to think about getting old and becoming too frail to live independently.
New appointments to the Aged Care Financing Authority Assistant Minister for Health and Aged Care, Ken Wyatt AM, MP has today announced three new appointments to the Aged Care Financing Authority (ACFA).
The Government handed down the 2017 Federal Budget on 9 May. It is no surprise that the main focus of the Budget was to address the issues of affordable housing and job growth.
Financial planners specialising in aged-care advice would have a competitive advantage as the population continued to age and the number of people requiring aged-care solutions continued to rise, an industry specialist said yesterday.
Helping you help your clients navigate through the financial strategies and options for aged care