Are advisers ready to satisfy clients’ advice needs?

From

Advice businesses are undergoing transformation, and it is increasingly important for advisers to focus on meeting the strategic advice needs of clients. ASIC’s recent survey[1] on what Australians want financial advice on, offers insights on the real needs of clients and provides a guide for advisers to determine whether they are well prepared to meet […]

continue reading

What the election result means for SMSFs on the Technical Day menu

Advisers attending this year’s round of Technical Day events in the five mainland capital cities will get an important update on what the result of the last federal election means for self-managed super funds (SMSFs). SMSF Association CEO, John Maroney, says Jenneke Mills, Manager, MLC Technical Services, one of the five key speakers at each […]

continue reading

Pension Loan Scheme not assessable income

From

Much excitement was generated by the May Budget announcement to extend the Pension Loan Scheme (PLS). “This proposed to allow full pensioners, part pensioners and self-funded retirees greater opportunities to use the PLS to top-up income – important particularly for clients trying to fund aged care” explained Louise Biti, Director at Aged Care Steps. The […]

continue reading

Legislative change in aged care requires advisers to have access to the right tools

From

Legislation is subject to constant change and new opportunities arise as a result. Even changes that are not directly related to aged care could create new strategy options for aged care. “Many clients moving into residential care may decide to sell their homes. The 1 July change to superannuation contribution rules provide an opportunity for […]

continue reading

Licensing rules limit advice on the Pension Loans Scheme

From

Financial planners will be limited in providing advice on the Pension Loans Scheme (PLS) unless they are adequately licensed. Louise Biti, Director at Aged Care Steps said, “We identified a potential licensing issue and have now confirmed that the Pension Loans Scheme will come under Australian credit licensing rules”. Aged Care Steps asked the Financial […]

continue reading

Impacts of the 2018 Federal Budget

From

The Government handed down the 2018 Federal Budget on 8 May. With an ageing population and baby boomers starting to head towards care years there was a major focus on aged care and helping retirees to improve access to income. Personal tax changes also featured, but with a long lead-in time.[1] Impacts for aged care […]

continue reading

Federal Budget 2017 analysis

From

The Government handed down the 2017 Federal Budget on 9 May. It is no surprise that the main focus of the Budget was to address the issues of affordable housing and job growth. After the massive overhaul of superannuation in last year’s Budget, no further changes were announced this year apart from the opportunities for […]

continue reading

knowIT Group acquires Strategy Steps

From

With an increasing demand for aged care advice solutions, Louise Biti and Assyat David are pleased to announce the sale of Strategy Steps to knowIT group owned by Wayne Wilson, Wendy Tyberek and Andrew Roberts. This strategic sale allows Louise and Assyat to fully focus on expanding their Aged Care Steps business and will allow […]

continue reading

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

From

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 […]

continue reading

New partnership gives advisers a step up in aged care advice

From

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 […]

continue reading