LifePath Financial Advisers EOFY planning guide 2020
, , ,

How COVID-19 changes tax time

As this financial year draws to a close, it will be viewed as a year like no other. COVID-19 (coronavirus) has impacted everybody’s life, albeit in different ways for different people. For some, staying at home has meant greater savings.…
Simpler means-testing forms from LifePath Financial Planning

Simpler means-testing forms

Simplification in aged care rules is always a positive outcome. The government has just released new means-test forms for clients accessing residential or home care services which may make the process much quicker and simpler. The new forms…
Where is the best place to stash your cash
, , ,

Where is the best place to stash your cash?

If, like many Australians, you’re looking for ways to put some cash away for a rainy day, a holiday or to earn extra income, the job has just become a bit harder. It’s also become more urgent if you are expecting a handy tax return. In…
, ,

Centrelink impact of renting the former home

Residents who move into residential aged care from January 1, 2017 and rent their former home will receive less generous Centrelink/Department of Veterans’ Affairs (DVA) assessments due to changes that are now effective. The Omnibus Bill,…
, ,

Make the most of your Retirement Income

Adjusting to a reduced income in retirement can be challenging. But luckily, there are a wide range of support options available, plus all sorts of discounts and benefits, to give Australian retirees a financial helping hand. Entering retirement…

Comparing Allocated Pensions against Annuities

Generating and maintaining a long-term income is an important aspect of retirement. Commonly, most retirees find themselves deciding between the two board types of income streams: account-based pensions (formerly known as allocated pensions)…