Aged Care Financial Advice – The Plutus Financial Guidance Difference

At Plutus Financial Guidance, we work closely with individuals and families to assist in making educated decisions when looking at future aged care options for a loved one.

Unlike regular financial advisors operating around Sydney, Plutus Financial Guidance proudly provide certified PIFA (formerly IFAAA) Gold Standard independent financial advice. 

Independent financial advisors differ, as we do not charge or take asset-based fees, commissions, kickbacks – nor do we receive referral fees.

It is essential to understand that aged care facilities provide accommodation, meals, cleaning, round the clock care, plus extras where available. Consequently, the costs associated with aged care facilities and residential care are significant. 

For some families, a lack of planning or limited funds can severely limit their options.

For this reason, it is crucial to seek sound aged care financial advice, to determine associated costs and plan for how these costs can be financed. 

Seeking sound aged care financial advice can be daunting. At Plutus Financial Guidance, we are here to help make the process less complicated and provide you with a clear plan tailored to your personal scenario. 

We understand the complex array of emotions and outside factors that surround these major life decisions. As such, we aim to deliver aged care financial advice with great integrity and sensitivity. 

Vince Lam is an Accredited Aged Care Professional™ and an experienced Independent Financial Advisor. 

For more information on how Vince and the rest of the Plutus Financial Guidance team can help you navigate financial decisions around aged care, visit the page on our website dedicated to this topic here

The Deaf Society & Deaf Services Merger Announcement

Happy New Year from the team here at Plutus Financial Guidance.

We hope you had an enjoyable holiday period spending time with family and friends. 2020 was a transformative year not just for Plutus Financial Guidance, but also personally and professionally for Vince Lam.

As you may be aware, in addition to offering independent financial advice through Plutus Financial Guidance, Vince strives to dedicate himself to philanthropy and community service. 

One such commitment is Vince’s ongoing support for The Deaf Society, through his roles on their Board of Directors and Finance & Audit Committee Member since 2017. 

The Deaf Society

Founded in New South Wales in 1913, The Deaf Society was Australia’s chief not-for-profit expert service provider for the deaf, deafblind and hard of hearing people. Services provided include employment support, education and training support, family support, assistive technology support, everyday life skills and support relating to NDIS packages. 

A New Chapter For The Deaf Society & Deaf Services

In October 2020, The Deaf Society merged with Deaf Services (Queensland) to create a newly formed organisation, also called Deaf Services, which is now Australia’s largest whole-of-life service provider for the deaf, hard of hearing and deafblind community.

This new organisation will bring together 680 staff across New South Wales, Queensland and the ACT, and a forthcoming facility in the Northern Territory.

Deaf Services will now be operating at a hugely increased capacity as a result of this merger, with annual revenue of about $45m (up from $8m) & an equity portfolio of about $35m (up from $17m). It is an exciting prospect and we look forward to seeing what these combined resources can achieve. 

Vince is proud to share that he is a newly appointed member of the Deaf Services Board of Directors and Finance & Audit Committee.

For Vince, these exciting challenges represent a convergence of his work in finance and his passion for philanthropy and community service. He looks forward to continuing this meaningful work through 2021 and beyond. 

For further information regarding the work of Deaf Services, please visit their website here