Australians heading towards the aged care zone should pay attention to new reforms that took effect on July 1. The Living Longer, Living Better aged care reform package was announced by the former Labor federal government and aims to reshape aged care delivery. The new fee structures are complex – individuals and professional advisers must plan ahead to ensure the best outcome is achieved at an affordable price.

Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email info@hewison.com.au or visit www.hewison.com.auPlease note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.