Primetime | Business service

Primetime

Phone: +61 447 297 300

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24.01.2022 The recent requirement for home care providers to publish rates has resulted in reduced costs of services but there are still huge discrepancies in the costs provided by different providers. Follow the link to the article in the Australian based on the research done by Primetime https://primetime.net.au/case-study-save-thousands-by-comp/

22.01.2022 Lifting the lid on home care services. Hear the interviews I had with Gareth Parker on 6PR and Fiona Wyllie of the ABC drive program 1.11.50 to 1.23 https://omny.fm//mornings-with-gareth/peter-tyndall-180619 https://www.abc.net.au//nsw-state/statewide-drive/11211864

21.01.2022 There can be nasty financial surprises when entering into aged care and the devil is in the detail. This real life client story will suprise you. https://primetime.net.au/aged-care-avoid-nasty-financial-s/

21.01.2022 Primetime has received some interest from advisors to key federal government ministers for its ability to deal with a number of topical issues related to prevention of elderabuse. Given the questionnaire components highlight areas of risk well in advance preventative measures can be put in place to protect those inherently more vulnerable.

20.01.2022 Finally getting to the modern age with the facebook ElderPlan page. And its only tuesday!!!!!

20.01.2022 Plan for the worst and hope for the best. What might seem a little distasteful to think about but nevertheless important is: If I or one of my parents become incapacitated, who might be able to make decisions and carry on on my/their behalf?... Up to date Enduring powers of attorney, Enduring powers of guardianship, Wills and Advanced health directives are all essential but often ignored planning tools. Who knows your passwords and logins? Who can I trust? It is in times like these that action should be taken, with due care and thought. This is just one of the many matters that impact planning through life. Primetime offers a free online evaluation which can be accessed through the website link below. This is comprehensive with a personal report and action plan and covers all angles. Share this with those you love and care about, plan for all contingencies and enjoy peace of mind. https://primetime.net.au/

20.01.2022 It was a great turnout for the Primetime presentation hosted by Belswan on the 16th. In adopting technology there are three types of companies; those who make it happen, those who watch it happen, and those who say; what happened. Belswan, in embracing technology and internet solutions for residents demonstrates a progressive approach and the response by Belswan Managing Director Kevin Phillips to make the planning system available for residents was hugely welcomed by the residents who were attending. Especially appreciated was the way in which the system is to be implemented through train the trainer programs for interested residents who then go on in supporting the resident group as a whole. I look forward in working with Belswan going forward.

20.01.2022 Issues for people who have private companies and trusts when they are applying for means testing. See the article about a real life couple who were seriously disadvantaged when they tried to get a means test assessment. This was nasty but avoidable. https://primetime.net.au/issue-for-retirees-who-have-priva/... https://primetime.net.au//Media-release-Private-company-an

17.01.2022 Due to overwhelming requests from families who want to help, but are struggling to manage their ageing parents, I am pleased to have built and now launched the Elderplan support package which is now available on subscription. Simply contact us directly. The package is specifically for families or advisers to be able to effectively support older family members and help them maintain the highest possible quality of life, for the longest possible time. So many families struggle with this but don't need to.They just need a little help. https://primetime.net.au/latest-product-launched-planning/

16.01.2022 Looking at this case study is a must for anyone thinking of downsizing in retirement. If you have parents or other relatives thinking of downsizing share the link to the case study. https://primetime.net.au/understanding-the-long-term-finan/

15.01.2022 Important to create a new regular routine to maintain strength and flexibility when cooped up at home. Chatting to residents at our local retirement village has highlighted this as a key issue. Maintaining muscle mass is so important for those over 55 and more crucial as you age. Follow the link to the blog and video in maintaining muscle mass and flexibility when the routine has gone out the window.... https://primetime.net.au/20-minute-home-workout-for-seniors/

14.01.2022 West Australian news published article on ElderPlan system 26 February 2018. Page 8 of Your Money Plan to age with dignity The West Australian 26 Feb 2018 Peter Tyndall... It is inherently impossible to eliminate the risk of elder abuse, but there are ways of identifying risk factors that may expose people to elder abuse now or in the future so that practical strategies can be put in place to address or mitigate the risk. The strategies can be adopted by aged individuals themselves (if capable), their family, advisers or organisations using established online systems, processes and tools. If the aged are in a relationship, and both are capable, then they should each undertake the planning and compare results. Step 1: Complete an evaluation It should address facts and feelings relating to current circumstances and provide a personal profile about how the person thinks and makes decisions. Each aspect of the evaluation should identify a higher or lower level of risk to being exposed to elder abuse. Examples of areas that should be addressed are relationship status, family dynamics, accommodation, decision-making, engaging others and anxiety. The higher the risk the more important the need for a plan. Step 2: Complete specific planning components The specific planning components build on the evaluation and should identify what steps have been put in place to deal with management of all financial and estate matters, health and wellness, roles and responsibilities and care and support. The components should address risk and cover both current and future scenarios. For couples, compare the level of knowledge by each partner. For example, if one partner has a high level of knowledge over financial and estate matters and the other partner very little knowledge, the partner with little knowledge is very exposed should something happen to the other partner. Step 3: Develop your support network and put controls in place Compile a list of all those people, such as family, friends, advisers and service providers, who are trustworthy, skilled, willing and able to assist. Engage in frank discussions and make formal arrangements with those people and ensure they are able to gain access to necessary information and records they need to properly administer your affairs. Ensure the help covers the emotional, physical and financial needs that are needed or may be needed. Understand what people are willing to do and not willing to do. Expert advice and controls greatly reduce the risk of elder abuse for vulnerable retirees. Step 4: Keep the plan up to date Review the plan regularly to make sure it remains functional. Health events or changing family circumstances can mean important changes are required so the plan is still effective. Peter Tyndall is founder of online planning system ElderPlan

12.01.2022 The complexity around how service providers charge for government funded home care packages can mean those with home care needs may be out of pocket to the tune of thousands of dollars a year. The Australian's Paul Garvey wrote an article based on the primetime research on home care costs. Important to share the knowledge to raise awareness amongst our older citizens.

11.01.2022 The ever popular retirement evaluation program is now offered for free. The free offering includes the questionnaires and personal reports together with the built in action planner and referral service. Share this with someone you know who might benefit from some free retirement planning support. Start here now https://primetime.net.au/db/client?signup=retirezy

08.01.2022 This is what can happen if a person doesn't have a valid power of attorney in place. Real story

04.01.2022 Financial worries, social isolation, anxiety about health issues are all coming to the fore. Where advisors have relied on face to face contact as a way of dealing with their clients issues, social distancing has prevented the ability to deliver key planning services. When everyone is scrambling to formulate or build a solution, timing is of the essence.... The primetime planning solution is a bolt on market ready solution for advisors and service providers including the government. It is especially suited to a category at higher risk, those over 60 years old. Follow the link to see what I mean. https://primetime.net.au/

03.01.2022 After an exhausting journey the ElderPlan online integrated planning system is up and running. This new subscription based service allows retirees to self manage their planning with a fully supported cloud hosted system for less than $2.50 per week. Check it out at www.elderplan.com.au

02.01.2022 For all of those people asking. What is this Primetime planning system I keep hearing about??? I have now made public a link to the "Primetime Youtube Channel" where the library of informative and instructional videos are held.... Warning: This is pretty dry stuff (but very useful). https://www.youtube.com/channel/UChKXyJXp9P49d2WPkmJvQIQ The links can also be found on my blog with the link below. https://primetime.net.au/primetime-videos/

01.01.2022 If you are looking at retirement and struggling to either trust financial advisers or consider them too expensive there are alternative strategies. See the following article I wrote that was published in the West Australian a couple of weeks ago. This was based on a recent presentation I did to the Institute of Chartered Accountants in Australia. https://primetime.net.au/choices-on-offer-when-choosing-yo/