News

Following are regular blog posts from KNP Financial Services.

If you would like to download a copy of our Quarterly newsletters, click here to access them.

Changes to concession cards - are you eligible?

Changes to concession cards - are you eligible?

Centrelink asset test rules are changing on 1 January 2017. This could mean you lose the Age Pension and the Pensioner Concession Card (PCC).

When the Government announced the Age Pension changes they said people who no longer qualify for the Age Pension and the Pensioner Concession Card will automatically be given a Commonwealth Seniors Health Card (CSHC).

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( Posted in: Centrelink )

Aged care - part of your plan

Woman helping senior man with finances on clipboard and tablet.

It can be difficult to plan, both financially or emotionally, for the move into an aged care facility. When choosing the best care as a part of your retirement – or for loved ones – many practical issues arise and decisions need to be made. It’s important to know what’s involved and have the confidence to face the challenges of aged care. Here are some tips to get you started:

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( Posted in: Aged Care )

Money doesn't grow on trees

Money doesn't grow on trees

Children certainly don’t come with an instruction manual. From the time they’re learning to crawl parents begin teaching their children about right and wrong, personal safety, manners and morals. Over time, children are taught about stranger-danger, healthy eating and personal accountability. Interestingly however, many Australian parents leave out one of the most important survival skills their children will need in the future - how to take care of themselves financially.

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( Posted in: Investments )

Spotlight on SMSFs

Spotlight on SMSFs

Australians who want greater control of how their retirement savings are invested are increasingly exploring the option of setting up their own self-managed super fund (SMSF). The freedom of putting yourself in the driver’s seat for your super has made SMSFs the fastest growing sector of the super industry.

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( Posted in: Superannuation )

Banking Royal Commission

Banking Royal Commission

We at knp Financial Services welcome the public release of the Royal Commission’s Final Report and we are currently undertaking a thorough review of its recommendations and how this may impact you. 

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New job resolutions

New job resolutions

Birthdays and new years are great times for making lifestyle changes, however, for resolutions affecting your financial health, there’s often no better time than when starting a new job.

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What really influences interest rates?

What really influences interest rates?

Interest rates are very important for many Australians, and rightly so – after all, whether it's the returns on savings accounts or mortgage repayments, the rate of the day can have a significant impact on the household budget for millions of Australians. So what influences interest rates, and why are they changed?

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