By completing this session, you will be able to:
·
Understand the scope and
purpose of Centrelink benefits and how they integrate into clients' financial
plans.
·
Gain the ability to assess
client eligibility for Centrelink payments by evaluating income, assets, and
other key criteria.
·
Learn how to advise clients on
managing income and assets strategically to optimize entitlements.
·
Develop skills to incorporate
social security benefits into comprehensive retirement and financial plans,
ensuring long-term sustainability.
·
Navigate complex eligibility
and compliance issues, including gifting rules and means testing, to maximize
client outcomes.
·
Provide guidance on the appeals
process to assist clients in resolving disputes and accessing entitled
benefits.
·
Use tools and resources, such
as Centrelink calculators, to deliver accurate, tailored advice.
·
Stay informed about social
security policy changes and their implications for client strategies.
·
Address unique challenges faced
by regional and remote clients, ensuring equitable access to benefits.
·
Support clients through
financial reviews, ensuring timely and accurate submissions to maintain
compliance.
