From today (1 July 2014) the aged care system in Australia undergoes massive change. The Living Better, Living Longer Aged Care reforms become law, after five years of industry & community consultations. Two federal governments, three Prime Ministers and countless reviews later the moment has arrived. How will it affect you? We make some predictions below with our post Nursing Home Fees Up? New Aged Care Laws...
Read More
Keeping the family home when moving into an aged care hostel can often be the best option. Depending on an individual’s circumstances it may be better for age pension and aged care fees. However sometimes it is not possible to keep the former home due to the family’s financial position. A large percentage of retirement village contracts, force resident to sell their unit or villa when...
Read More
We hear this a lot. It’s probably the most common refrain from people experiencing the aged care process for the first time. And it’s certainly the main reason people approach us for help. Yes it is complex, but mistakes and oversights by the resident & their family can make it much, much worse. We’ve been providing aged care financial planning advice to Sydney for years...
Read More
Today, I’m delighted to officially launch the website and blog for Sydney Aged Care Financial Advisers. My colleague Michael Johnson and I have been providing specialist financial planning advice for people going into care for several years now. Some months ago we identified an opportunity to create a new brand within the firm that more fully reflected our focus on aged care. Our directors Josie...
Read More
