Members wear the cost of risk-profile errors


Superannuation fund members are missing out on hundreds of thousands of dollars in retirement savings by having their account set to the wrong investment option for their circumstances and stage of life, according to.. Read More

Claims, remediation hit BTFG earnings


BT Financial Group’s (BTFG) cash earnings fell in the 12 months to September 2017 as a result of increased claims in its insurance business and the impact of a number of customer remediation programs in superan.. Read More

Proactive approach key to stop elder abuse


Advisers should take a proactive approach to preventing elder abuse among their retiree clients, particularly regarding potential misuse of powers of attorney by the client’s children, according to Aged Care St.. Read More

O’Dwyer hits back at union super campaign


Minister for Revenue and Financial Services Kelly O’Dwyer has said the union movement is “setting out to mislead MPs” amid a concerted push from the Australian Council of Trade Unions (ACTU) to get .. Read More

Home care rising as population ages


Financial planners looking to incorporate aged care advice into their offering would do well to develop a detailed knowledge of home care, as the vast majority of care packages for retirees would be delivered in this.. Read More

Advisers must address cognitive decline


Advisers needed to address the issue of cognitive decline among their pre-retiree clients by putting a contingency plan in place that could be acted on if the client became vulnerable to elder abuse or fraud, accordi.. Read More

Scale no guarantee of success


The size and scale of superannuation funds are not determinants of success when it comes to delivering value to their members. During a panel session at the recent SuperRatings and Lonsec Day of Confrontation in.. Read More

New means tests could affect care fees


Advisers should be aware of how changes to aged care means tests brought in this year could affect clients in the long-term, with many needing to re-assess their financial situation two years after going into care, a.. Read More

Equity release offers debt-free solution


Equity release solutions could help retiree clients remain in their home while paying off debt or funding home care without the interest repayment burden of a reverse mortgage, according to Homesafe. Speaking to.. Read More

Carrott whips ‘lazy cash’ into shape


Micro-savings app Carrott has launched in the Australian marketplace with the aim of encouraging time-poor generation Y professionals to contribute their ‘lazy cash’ to superannuation, and plans to work w.. Read More

Multi-asset investing can assist retirement


Investing using a multi-asset approach could complement conventional investment strategies aimed at providing a reliable income stream in retirement, according to a global fund manager. The appeal of multi-asset.. Read More

Aged Care gurus