When structuring a client’s retirement portfolio and calculating their retirement adequacy, planners should not only consider longevity and sequencing risk, but also their client’s fragility risk. Read the full article

Clients transitioning into old age shouldn’t be making decisions in isolation, says Aged Care Steps director Louise Biti. In fact, when it comes to making conscious decisions about how a person should be living and being cared for in their later years, the family should be involved so that “consolidated decisions” can be made. Click […]

Aged care will shift the landscape for financial planning and will become an increasingly important topic of conversation for advice professionals and consumers as revealed by an industry survey conducted jointly by Aged Care Steps and Swiss Re.  

A lot of SMSF practitioners are failing to factor in potential aged care costs as part of their retirement planning for clients or addressing how these costs will be funded. Read the full article

Aged care advice is a burgeoning area that provides a new income stream for planning practices and a way of differentiating an advice offering, but there are challenges involved. Read the full article

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.

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.  

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).