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Showing 1 - 10 of 60 results for %22Aged Care Quality%22

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... including superannuation, rejecting the idea of an aged care levy. On the back of the Royal Commission into Aged Care Quality and Safety, the taskforce was established last year to determine the best means of funding the aged care system. Australia's ...

AMP revamps Jigsaw Advice Solutions

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
... consulting, professional year support, and money management solutions. In enhancing the offering, AMP has made available aged care and retirement planning modelling tools, as well as cybersecurity support. Advisers can also access a buyer's agent referral ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... government in a bid to deliver better economic equality for women. Given that the median superannuation balance for women aged 65+ years was $168,000, compared to $208,200 for men in the 2019-20 financial year, the taskforce is pushing for the government ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... CarePlus product achieved its highest quarter of sales since launching in 2015, reflecting the growing opportunity in aged care. Consistent with growing longer duration business, Challenger said retail fixed term annuity sales of two years or more increased ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... or over, 59% said they could cut their spending to adjust to the cost-of-living increases. Unknown future health and aged care costs, as well as the added pressure of financially assisting adult children and other family members who are struggling to ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
In a submission to the Aged Care Taskforce, which is currently evaluating the fairness and sustainability of aged care funding in Australia, the Association of Superannuation Funds of Australia (ASFA) has voiced strong opposition to ring-fencing superannuation ...

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... advisers. Based in Sydney's north shore, the newly merged firm will have four divisions: personal and family wealth, aged care, life risk insurance, and workplace financial advice. The two practices are authorised representatives of Fortnum Private ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... innovative, scalable market-based solutions; purpose-based funding to meet the challenges of retirement housing, funding and aged care."

Lumiant, Invest Blue build digital advice platform

CASSANDRA BALDINI  |  MONDAY, 15 MAY 2023
... capabilities following its recent purchase of an app that helps financial advisers monitor clients' health, longevity and aged care risks that could impact retirement. Prior to the acquisition, it closed a seed funding round totaling $5.2 million ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... youngest child is under 14 years of age. Currently, the payment is available to eligible single principal carers with a child aged under eight years old. "In September, around 57,000 eligible single parents, of whom around 91.1% are women, will transition ...
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