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Showing 61 - 70 of 140 results for "Centrelink"

When aged care advice takes an emotional toll

KARREN VERGARA  |  TUESDAY, 13 NOV 2018
The emotionally taxing nature of aged care advice should be embraced with empathy. This was a key takeaway at yesterday's Financial Standard Best Practice Retirement Income Forum. After experiencing the highs and lows of transitioning her father ...

Financial advice as charitable giving

JAMIE WILLIAMSON  |  MONDAY, 1 OCT 2018
... advising an average of three clients a week. So far, the bulk of interest in Leda has come from retirees struggling with Centrelink and their retirement savings. The firm also focuses on assisting people with disabilities and serious illnesses. "There ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... biggest decisions clients have to make is what type of living arrangements will be suit at retirement. This may affect Centrelink benefits and/or Department of Veterans' Affairs requirements for example, McMullen said, and other critical areas must ...

Drought-hit farmers turn to advice

KANIKA SOOD  |  MONDAY, 3 SEP 2018
... years." Condon says the accounting side of his business has come in handy as planners put together applications for Centrelink support, subsidies and aid. They have professionals on hand to assess on and off farm assets to see if the client meets the ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... additional support over the year, Turnbull said. To be suffering from financial hardship, farmers must have received Centrelink payments for 39 weeks. Roan said the superannuation system has the means to allow early access to funds if the 39-week Centrelink ...

Digital advice, fintech firms merge

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
A B2B digital advice firm co-founded by a former Vanguard Australia executive has merged with a retiree advice platform founded by a former Challenger distribution head. In a deal finalised this morning, SuperEd merged with Retirement Essentials. SuperEd ...

Age pension application difficult: Report

HARRISON WORLEY  |  WEDNESDAY, 20 JUN 2018
... Age Pension headline a Retirement Essentials report about the challenges confronting older Australians dealing with Centrelink. The report - produced by National Seniors Australia and commissioned by Retirement Essentials - reveals the struggles faced ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... any clients looking to take advantage of the scheme should refer them to a licensed credit broker. Alternatively, the Centrelink Financial Information Service can also provide advice on the scheme. Either way, social security rules dictate that any client ...

Spotlight on financial elder abuse

JAMIE WILLIAMSON  |  FRIDAY, 6 APR 2018
... an informed decision. "In cases like this, a lot of financial advisers will recommend a granny flat arrangement for Centrelink purposes, but then legal advice might not be sought. The fact that there was a financial adviser who may have discussed the ...

Beware downsizer downsides

JAMIE WILLIAMSON  |  WEDNESDAY, 7 MAR 2018
... law. However, Lavery urged advisers to keep in mind the impact the use of the downsizer contribution could have on Centrelink benefits, particularly if the client is holding funds to purchase a new home. "Changes that took effect on 1 July, 2017 will ...