Leading up to the Global Financial Crisis, strong share market returns (2002-2007) and the loss of favourable Centrelink assessment (5O% assessable in 2004 and 100% assessable in 2007) resulted in annuities falling out of favour.
Making decisions about a loved one's transition into Aged Care can often be fraught with uncertainty and require information and assistance which is not always easily accessible. Recently we were able to help Greg* with the aged care needs of his grandmother for whom he is acting Power of Attorney. This is his story.
When it comes to insurance, it pays to know how a claim is processed. It simply makes sense to know what you’re entitled to if and when it comes to claiming on the policy you have been paying premiums for.
It is that time of year again when the annual performance comparisons of super funds are displayed in various media publications. Assessing the performance of super funds can be a difficult exercise for many investors particularly if they take too much notice of the media.