Aged Care Steps reaches the milestone of training 1,000 professionals

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Increasingly, advice professionals are building their knowledge and skills to deliver effective aged care solutions for clients. Louise Biti, Director at Aged Care Steps said “We are proud to celebrate the milestone of training 1,000 professionals on aged care”. Our Accredited Aged Care ProfessionalTM program in particular has given professionals the confidence to provide aged […]

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The aged care client value proposition is key to business success

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Organising a move into residential aged care is a stressful and emotional time for an older person and their family. Building an advice service model that enables clients to outsource some of this stress is key to an adviser’s success. “Overwhelmingly, people helping their parents with a move into care will be struggling with a […]

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Living Wills and their role in Estate Planning

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There can be few situations as distressing as the need to make hard decisions about the end of life of a loved one. When life – of any reasonable quality – can no longer be preserved, at what point should measures to prolong that life cease? These questions become particularly relevant where a person is unable to […]

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Credit specialist launches aged care loan product

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Credit specialist, La Trobe Financial, is pleased to announce a new and innovative Aged Care Loan product further cementing its broad specialist product suite credentials. As the ageing population rapidly grows in Australia, approximately $3 billion per annum is already required to fund individuals moving into aged care facilities. Such deposit, known as the Refundable […]

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The secret bond option for grandparents

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Grandparents are increasingly utilising insurance bonds to leave bequests to their grandchildren that are beyond will disputes. Case study – Grandparents passing assets direct to grandchildren, bypassing their wills: Seventy-year old Geoff slumped into the armchair and look resignedly at the ceiling. “No one ever said being a parent would be easy. But I thought […]

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Elder abuse: Planners need to recognise the warning signs

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Changes in your elderly client’s personality, an indication that the client is becoming increasingly reliant on others, or seeing other people increasingly speaking on behalf of your elderly client and not wanting you to contact them, are all warning signs that elder abuse could be occurring, says Anna Hacker, National Manager – Estate Planning at […]

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New partnership gives advisers a step up in aged care advice

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Centuria Life, the investment bonds division of Centuria Capital, yesterday announced a new initiative to support the delivery of expert financial advice in the complex and growing area of aged care. This is a partnership with Aged Care Steps, a specialist provider of aged care accreditation training for advisers. “There’s a lot of talk about meeting […]

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Reducing fees for pre 1 July 2014 aged care residents

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Clients who moved into residential aged care before 1 July 2014 may think they are lucky to remain under the old rules. These rules calculate the ongoing care fees on assessable income only, instead of the new means-tested calculation which can mean lower fees. But if these clients have defined benefit super pensions or high […]

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Infographic: Trends and opportunities in aged care advice

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The ageing of the population is one of the major forces shaping the demand and delivery of financial advice.  This ageing tsunami has long been touted as one of the key economic and social driver affecting Australia over the long term.  This has been reinforced by the recent intergeneration report. This infographic demonstrates the repercussions […]

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Managing home-care fees

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As clients get older they may need help with our daily living activities. The frailty of older age or some illnesses may make it harder to live independently without help from a spouse, family or aged care service provider. The government subsidises a range of aged care services. And clients do not necessarily have to […]

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