Helping your parents plan for the unexpected

Getting older is a fact of life and with any luck, we will all live to a ripe, happy and defiant old age, enjoying ourselves with loved ones, friends, children and grandchildren. As much as we desire this for ourselves and our families, it is likely that there will be a need for some assistance at some point down the track. And, while many people say they would tell their families to put them … [Read more...]

Residential Aged Care in Australia is Changing

The ages care system in Australia is about to experience major change. From 1st July 2014, residents entering aged care facilities will be faced with a new fee structure making it even more important to plan early and seek advice. While a new set of rules will apply to those entering care from 1 July 2014, all existing residents as at 30 June 2014 will continue to have their fees and charges … [Read more...]

Insurer hit with fines for misleading advertising

ASIC is continuing its crackdown on misleading advertising, fining an insurer $36,000 for breaches in its online and television advertising. Virgin Money was hit with three fines, relating to advertising that appeared on television up until May 2013, and online up until March 2014. The advertisements centred around Virgin Money's Quick and Easy life insurance product, with ASIC finding they … [Read more...]

Life Insurance – Protect the ones you love

Most Australians will insure their car but neglect to insure their most valuable asset – themselves. In fact, many people do not even have sufficient life insurance to ensure their home loan is paid out in the event of their death, let alone provide a lump sum to their families to provide for their future. Consider this... You are married with two children in high school and a $250,000 … [Read more...]