/ 'Age Pension & Aged Care'

22 Apr 2024
Most people are not prepared for entry into residential aged care because it is typically not considered until there is an immediate requirement. Aged care advice is usually not sought until there is an unexpected incident such as a stroke or fall and there is need for aged care. This can be a challenging and daunting process and one that the individual’s adviser can provide assistance with. Some of those areas include:
11 Apr 2023
As the proverb goes, ‘a little knowledge is a dangerous thing’. With much information floating on the internet or a gathering among friends and family, clients sometimes make decisions based on incomplete information which can unfortunately lead to detrimental and sometimes irreversible outcomes.
15 Nov 2022
As at the end of June 2022 ATO statistics show over 41% of all SMSF members were aged 65 or older and may be considering their eligibility for Age Pension. Age Pension age has been steadily increasing over the past five years from 65 as we head towards an Age Pension age of 67 from 1 July 2023.
4 Oct 2022
On 20 September 2022 the maximum Age Pension entitlement increased to $1026.50 a fortnight for singles and $1547.60 per couple ($773.80 for each member). The rates are indexed on 20 March and 20 September each year to maintain their value against increases in the cost of living.

Search by keywords

Archive