Negotiating aged care accommodation bonds – July 2013 update

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This Article was updated on December 17, 2013 – To view the update click here. Too often articles and information published on aged care focus on how to reduce the accommodation bond. Many clients (and their families) will also express a reluctance to pay the high bonds required. The opportunity to initially agree on a low bond... Read more continue reading

Aged care reforms – March 2013

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Almost a year after the Government announced its response to the Productivity Commission Report on aged care reform legislation has been introduced into Parliament to effect the proposals. Five Bills were introduced on 13 March which will impact residents who enter residential aged care from 1 July 2014. Residents in care before this date will... Read more continue reading

Reforming aged care entry fees

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Clients moving into residential aged care may find entry fees more transparent and easier to negotiate from 1 July 2014. Following the Productivity Commission report on aged care, the government set up the Aged Care Financing Authority (ACFA) to provide advice on reforms and monitor pricing in the aged care industry. Recommendations for reforms to... Read more continue reading

Aged care client conversation-another year older

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As we approach the end of another year, many people including your clients will be looking forward to the festive season and the chance to slow down and catch up with family, particularly elderly parents. Busy lives and distant homes can make it easy to feel out of touch. Sadly, at this time of year... Read more continue reading

Infograph – Stepping into aged care advice

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A storyboard on the growing demand for aged care and professional advice. Are you and your business ready? To participate in this growth opportunity, advisers need to: •             Develop the skills and insights to build an effective aged care advice business •             Develop processes to provide aged care advice to clients To view the infographic,... Read more continue reading

Negotiating aged care accommodation bonds

From

This Article was updated on December 17, 2013 – To view the update click here. Too often articles and information published on aged care focus on how to reduce the accommodation bond. Many clients (and their families) will also express a reluctance to pay the high bonds required. The opportunity to initially agree on a low bond... Read more continue reading

Financial services industry responds to the changing needs of aged care advice

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The Federal Government’s aged care reforms that were announced earlier this year has sharply brought into focus the area of financial planning that addresses the need for advice to residents and their families considering the move to residential aged care or the delivery of support services to the home said Rachel Lane, founder and principal... Read more continue reading