Video: The intergenerational advice challenge and solution – Part 3

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Part 3: Aged care and the changing boomer equation Zurich’s recent Intergenerational Advice Masterclasses not only brought to advisers deep research, practical solutions and a process to the challenge of

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23 Mar 2015

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

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16 Feb 2015

The ages of 40 and 70 should raise aged care alarm bells for advisers, their clients and SMSF trustees

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The US based senior care network, Home Instead, was the first one to refer to what is now universally known as the 40-70 rule. Since then, many operators in the

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27 Aug 2014

Average Australian going into aged care will pay around $10,000 more

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The average Australian going into aged care will pay around $10,000 more after 1 July 2014 – harsher fee levels make aged care more expensive AUSTOCK Life has calculated that

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09 Jul 2014

Aged-care complexity continues, despite government reforms

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Centric Wealth says bonds now creating most confusion for elderly and their families Leading wealth management advisory firm, Centric Wealth, today said that despite the Federal Government’s Living Longer Living

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28 Feb 2014

Too many families powerless when elderly decline mentally

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Far too many retired Australians have not granted a financial Enduring Power of Attorney, which can lead to problems for their loved ones and unnecessary family conflict, said Anna Hacker,

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15 Jan 2014

Negotiating aged care accommodation bonds – December 2013 update

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This is an update of an article last updated in July, 2013. This update addresses recent changes in legislation. Too often articles and information published on aged care focus on

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17 Dec 2013

Have conversations about aged care sooner rather than later

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Unpalatable as it may be, clients should be encouraged to have sensitive discussions with their families about aged care needs sooner rather than later if they want to avoid potential

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02 Aug 2013

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

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08 Apr 2013

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

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16 Jan 2013