Putting the blueprint into practice: an aged care implementation guide for advisers

A practical guide to help advisers turn aged care complexity into action and confidently embed aged care considerations into retirement planning. Produced in partnership with Ensombl.

2 minutes
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When aged care needs arise, the decisions can be complex, deeply personal and time-critical. Being prepared can make all the difference.

 

Aged care is no longer a consideration that can necessarily wait until a client needs care. Changes to the aged care system have introduced new complexities for clients, families and advisers, while the financial implications can extend across retirement income, the Age Pension, investments, the family home and estate planning.

For advisers, the opportunity is to bring these conversations forward. Identifying potential care needs earlier can give clients and their families more time to understand their options, consider the financial trade-offs and make informed decisions before circumstances become urgent.

This aged care implementation guide is designed to help advisers make that shift. Building on North’s earlier aged care whitepaper and drawing on insights from specialist advisers, it translates the broader aged care blueprint into practical considerations advisers can apply within their practices.

This guide explores how to:

  • Identify aged care risk across the client book
  • Connect care costs with retirement income strategy
  • Navigate home and residential care decisions
  • Determine when to build or outsource specialist capability

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