Navigating
Aged Care

The border between financial advice and aged care is often blurred, but it is an unavoidable discussion in the context of an ageing population. In many cases, the border is crossed quickly, and the need for care requires fast action and decisions at a time when the client and their family members are under considerable stress, highlighting the need for reliable advice from a trusted adviser.

Aged care advice is becoming an increasingly important area for advice practices, and increasingly, it is becoming the province of dedicated aged care advisers.

The sector has always been complex, but in 2024, the federal parliament passed the Aged Care Act, bringing critical funding and regulatory reform to support a high-quality and sustainable aged care sector.

In the March edition of the INPractice Webinar, The Inside Network will explore the new era of aged care, covering:

• An update on aged care reforms and policy changes, and the intersection with Centrelink;

• The funding models for different aged care options;

• Practical strategies for advising clients on aged care financial planning; and

• How to address the financial and emotional aspects of aged care decision-making.

In conversation with Claudia Rigoni-Brazzale from Sphere Financial Services and Danni Dixon from Aged Care Steps, this webinar will explore the financial considerations older Australians face when accessing aged care. Topics will include government subsidies, aged care funding models, and the financial implications of choosing between residential care, home care, or other aged care options.

This webinar is a must-attend for financial advisers seeking to enhance their understanding of the aged care sector and provide comprehensive support to clients navigating their aged care journey.