Whilst many of the tax and super reforms introduced by the former Federal Government have been scrapped, one proposal the current government has decided to keep is the ‘deeming’ of account based (formerly called allocated) pensions for social security purposes from the 1st of January 2015. Pensioners beware. Pension Assessment Currently only a portion of …
Over the past few years there has been some quite sensationalist journalism in our major papers regarding the hybrid sector and some of the recent issues that have come to market. I thought I would put the issues raised into context by using an example of a recent issue that forms part of the FYM …
These days, many people buy their insurance direct over the phone. It’s not necessarily cheaper, but it is apparently so easy. You don’t even have to fill out any of those awful forms! Ever wonder why it seems so easy? It’s because the insured person is not ‘underwritten’ until they make a claim. Only then …
For families who face the daunting prospect of moving a loved one into residential aged care, the evaluation process is about to become much more complex with the formal introduction of the Aged Care Reform Act, due to commence on the 1st of July 2014. We have seen clients go through this process so many …
How will the Aged Care Reform Act impact upon your family? Read More »
The Future Of Financial Advice has been in the media a lot over the last year or so and has created a great deal of interest in certain parts of the community, as the previous and current governments seek to improve the quality of financial advice provided in Australia and protect the retail investor. The …
What do you do if you’ve reached retirement and you do not have enough capital to fund your costs of living, pay for a holiday, buy a new car or caravan, renovate your home or pay for an accommodation bond? There are a number of things you can do these days, each with their own …
Want to be able to use some of the equity you have in your home? Read More »