The long-running NALI/E debate has not considered the “extremely heavy-handed treatment” the specific asset NALI provisions impose.
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With average life expectancies rising, early investment education and financial advice will become increasingly critical.
An enduring power of attorney is crucial for ensuring continuity and compliance, says a professional adviser.
The Australian Government is assisting older Australians to work, if they are able and wish to do so, by allowing them to keep more of their pension when they have income from work.