IFA: How to prepare for the aged care reforms

In this episode of The ifa Show, host Keith Ford is joined by independent financial adviser Nathan Fradley to discuss the Aged Care Act reforms set to come into effect on 1 July and how advisers can prepare their clients.

With the funding of aged care also heading for change, Fradley breaks down what advisers who don’t specialise in the space need to know and the value of building a network of professionals they can refer clients to, to ensure they can meet the needs of clients navigating the complex aged care space.

Listen as they discuss:

• Why it’s so important that advisers stay up to date on the incoming reforms.
• The value of specialisation within the advice industry.
• What impact DBFO 1.5 could have on clients’ retirement income and Centrelink eligibility.