Authorised Representative* | Senior Financial Adviser | Aged Care Specialist | Director

FORMS YOUR ADVISER WILL ASK YOU FOR:

Click here for “What do I Need to Prepare for Meeting”

Click Here for SS313 – “Authorising a person to act on your behalf” (for PoA’s)

 

FORMS YOU MIGHT BE ASKED TO COMPLETE:

Click here for “Common Questions and Answers about Aged Care”

Full Questionnaire – (on request)

What does Aged Care Financial Advice Cost (DMFS fees)

At DMFS Financial Advisers, we make the process simple for you.

We have asked you to click on this link after our phone call.

We have also asked that the Centrelink Correspondence Nominee Form is completed and taken to a Centrelink Service Centre for processing asap. This helps us help you process the necessary Centrelink requirements at the time of our meeting. 

This is required for aged pensioners, DVA and self funded persons. It authorises the children, and yes it is separate to a Power of Attorney, to discuss options with Centrelink \ Services Australia, gains you access on MyGov to upload documents, bank statements etc.

For Aged Pensioners (receiving Centrelink) – Just complete the SS313 and return to Centrelink ASAP.
For DVA, self funded, blind pensions, we will need the full SA457 plus other relevant forms to your situation (the SS313 is at the back of the SA457).
The documents requested in the “what do I bring to first meeting” are going to be needed for us, Services Australia and all result in a smooth process with the facilities and invoicing.

First questions – maybe you asked, maybe you didn’t, but I would have referred you here to this link, is how much do we charge. Well, how long is a piece of string.

If you would like to compare 5 facilities, that time, and in most parts due to the heavy regulation of aged care, they are similar in most suburbs or surrounding to where you are looking at, will take longer for us to calculate than one facility.  

How we charge: This is simple, same as a solicitor or accountant, it is time based and rarely with commissions (product is a tricky issue withing aged care) – we charge a fee for service.

Please refer to our fee page for a more detailed explanation on our adviser fees:

Adviser Fee Estimation Page (click here)

Did we ask you to call the Centrelink Aged Care line after doing the SS313? 1800 227 475

There is the number. Refer to this link as much as you need. 

I may have mentioned removalists, lawyers and vendor advocates we refer to.

We do not take “kicks”.

This list is here to help you save either time or money. “The Processes and our contacts”

Click here for “Common Questions and Answers about Aged Care”

This document is a good little read to understand fees, contracts and legislation.

Click here for “What do I Need to Prepare for Meeting”

If you bring these documents in or email your adviser, we can start working. These are required for the Department of Human Services, regardless of if Centrelink, disability, blind, DVA pensioner or a self funded retiree.

Click here for “Centrelink Authority Form”

This form enables your adviser to talk to Centrelink directly. This may save you time – please pre-complete before meeting and provide Power of Attorney if the new resident cannot sign.

Click here for “The Processes and our contacts”

We do not provide “kick backs” to these contacts, simply we use them because they get the job done and free up time for you to spend with Mum or Dad (or both).

To lodge your aged care forms with Centrelink \ DVA (Services Australia), first call:

• • Correspondence nominee to call RCA (residential aged care line – Services Australia)
• – 1800 227 475
• • This triggers the aged care assessment or they will confirm which form you need to complete.
• • Report assets as at “relevant date” – date of entry.

Fee Thresholds:

https://www.health.gov.au/resources/publications/schedule-of-fees-and-charges-for-residential-and-home-care 

 

David MacManus

GradDip Fin Plan CFP®, FChFP, Dip F.P.
Senior Financial Adviser | Aged Care Specialist | Director
Level 14, 330 Collins Street
Melbourne, VIC, 3000
Phone: 1300 364 650 | Mobile 0424 61 60 60 | Fax: | 03 8672 0287
Email: david@dmfsfinancial.com.au | Web: www.dmfsfinancial.com.au

David MacManus and DMFS Financial Advisers Pty Ltd are Authorised Representatives of

AUS Financial Advisers (AFSL 534501) ABN 89 159 536 151