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Showing 11 - 14 of 14 results for "Department of Social Services"

Challenger negotiates Care Annuity compromise

JAMES FERNYHOUGH  |  THURSDAY, 18 DEC 2014
The Department of Social Services (DSS) has backed down from its plan to change the way it assesses current holders of the Challenger Care Annuity. However, Challenger has agreed to redesign the product in line with the new 'user pays' aged care policies ...

Government explains Challenger annuity mix-up

JAMES FERNYHOUGH  |  TUESDAY, 2 DEC 2014
The Department of Social Services (DSS) has given its reasons for changing the way it assesses Challenger's Care Annuity, saying it had mistakenly been assessing it on the grounds that investors in the annuity could not get their capital back. However ...

Challenger Care Annuity sales suspended

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... government announced it would reassess the social security treatment of investors in the annuity. The Department of Social Services (DSS) informed Challenger that the Care Annuity, which provides a lifetime income to people in need of full-time aged ...

ASIC warns consumers about NRAS property ads

MARK SMITH  |  TUESDAY, 22 OCT 2013
... houses). However, individual investors can access the scheme through an approved participant. The Department of Social Services publishes monthly reports on its website which contain the names of NRAS-approved participants. ASIC is aware that a number ...
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