Psychiatrists warn of problem gambling rise among over-65s

Psychiatrists are warning of a surprising spike in gambling addiction among the over-65s, following the highest growth in internet betting since before the epidemic. According to a Royal College of Psychiatrists (RCP), they review thru Gambling Commission statistics, around 620,000 more over-65s gamble online at least once a month in 2019 Anxiety caused by isolation during lockdown, financial concerns, and […]

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‘Tis the season to talk about aged care

If you have the aged-care discussion sooner rather than later, you will be in a better position to achieve what you want for your family member. Looking for a specialist won’t hurt you when we are talking about your life plans. Choices in aged care and how they are paid for would have far financial implications for pension benefits, cash […]

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Older workers should be cherished.

Coronavirus has lowered employment participation by 1.2 percentage points among those aged 55 to 64, the largest reduction in any recession in 40 years. Click here to see the full article: https://www.theguardian.com/money/2021/nov/30/older-workers-should-be-cherished If you’re planning to retire and you need help with your succession planning, call us at 07 5525 4548. We Hear. We Care. We Act.

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Care home residents in England to be allowed only three visitors at Christmas

According to updated government instructions released as part of new steps to protect the sector from the spread of the Omicron strain, care home residents will be permitted just three visits and one essential care worker. Read the full article here: https://www.theguardian.com/society/2021/dec/11/care-home-residents-in-england-to-be-allowed-only-three-visitors-at-christmas.

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New report fails to find evidence of youngsters relying on the ‘bank of mum and dad’

Despite popular belief that younger generations rely on “the bank of mom and dad” to pay their lifestyles, a recent government analysis finds that this is not the case for the vast majority of individuals. According to the Productivity Commission’s detailed analysis, most Australians got just around $1000 in “gifts” from their parents during a three-year period. Productivity Commissioner Catherine […]

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Tasmania’s Public Trustee found to have ‘genuinely misunderstood’ its duties for 26 years

The public trustee has really misunderstood the obligations of an administrator for the past 26 years, according to the study. Due to an error in communication, a guy in the hospital had his lease cancelled and his property emptied without his knowledge. The Public Trustee oversees the lives of around 1,300 Tasmanians. Follow this link for the complete article: https://www.abc.net.au/news/2021-12-02/tasmania-public-trustee-misunderstood-its-duties-review-finds/100667428

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