Aussies crying out for aged care help

10 March 2016
| By Jassmyn |
image
image
expand image

Aged care has become a critical issue for superannuation members looking to plan for themselves and those looking to plan for their parents, according to Energy Super.

The fund said there were many members who were unsure where to turn for help.

Energy Super chief executive, Robyn Petrou, said "from the overwhelming response we've had to our [aged care] seminars, it's clear that Australians are crying out for help with this issue. For many it's something they've never encountered before and have been unsure where to turn for help," she said.

Due to this growing interest, the fund's financial advisers have received aged care accreditation to provide advice solutions on the aged care industry, aged accommodation choices, and the services provided by ACAT, Home Care, Centrelink and Veterans' Affairs.

"Initially we thought the interest would be predominantly from members aged over 60 years looking to plan their future, but we've had an equal amount of interest from members aged 40 to 50 years needing to help their parents.

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 1 month ago
Kevin Gorman

Super director remuneration ...

1 year 1 month ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 1 month ago

While the controversial measures have received little support in the Senate, the think tank has said Division 296 would “make the nation’s super system fairer”....

12 hours 54 minutes ago

In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently, urging both major parties to avoid changing super...

13 hours ago

With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board. ...

13 hours ago

TOP PERFORMING FUNDS