Centrelink financial information services

Font Size:

There no one better suited to help you make informed financial decisons about your Age Pension and entitlements than Centrelink.

Navigating the difficult web of information and potential entitlements can be tricky, and if you try and do it all on your own, it is possible to miss things or make a misstep that could end up affecting your Age Pension.

Fortunately, Centrelink runs a Financial Information Service (FIS) via seminars, one-on-one appointments or telephone discussions.

Independent officers can help you with financial information to enable you to make informed investment decisions. They will also have a look at your current situation and inform you about the Centrelink benefits to which you are entitled.

Speaking to an FIS officer can increase your confidence in financial matters, such as investments, salary sacrifice and superannuation, and help you understand your own financial situation and options.

FIS officers can also help you plan your retirement and teach you how to use credit wisely, while explaining the risk of certain financial products and teaching you how to increase your overall retirement income.

While they are an invaluable resource, there are a number of things FIS officers will not do. For example: they will not recommend investments or a specific financial adviser, or specific financial products.

To make an appointment with a Centrelink Financial Information Services officer, call 13 2300, or visit Centrelink.gov.au.

Have you ever used Centrelink’s Financial Information Services? Did you find it helpful? Would you recommend it to other YourLifeChoices members?

RELATED LINKS

Giving your assets away could reduce your Age Pension

Being overly generous by giving your assets away could compromise your Age Pension.

Will a reverse mortgage lump sum affect the Age Pension?

Can Diane gift her reverse mortgage lump sum without affecting her Age Pension?

Age Pension – advance payments

A pension advance payment could help Tracy deal with a couple of unexpected bills.

Written by Ben



SPONSORED LINKS

Sign-up to the YourLifeChoices Enewsletter

continue reading

Finance

Ambulance costs around Australia

There should be no hesitation when you have to call an ambulance in an emergency situation, but some people rushed...

News

Four tell-tale signs that you may have a blood clot

A blood clot is a clump of cells and protein in your blood. Blood clots form to slow down bleeding...

Finance News

How much you can save on electricity in your home state

As we prepare to head into the colder winter months, there is good news for those worried about heating costs...

COVID-19

What is thrombocytopenia, and why did it stop the AstraZeneca jab?

Anthony Zulli, Victoria University; Maja Husaric, Victoria University; Maximilian de Courten, Victoria University, and Vasso Apostolopoulos, Victoria University Australia's medical...

Wellbeing

Ways to manage death anxiety

Winston Churchill once said: "Any man who says he is not afraid of death is a liar." But while it's...

Food and Recipes

Rick Stein's Autumn Vegie Soup

"One of the rather pathetic realities of the fact that so many of the restaurants in France are disappointing these...

Government

Australians give big thumbs down to the public service

Only 27 per cent of Australians believe the public service acts in the public interest and only 22 per cent...

Brain health

Normal tension glaucoma linked to cognitive impairment

Australian researchers say they have established a link between the eye condition glaucoma and cognitive impairment, the state that often...

LOADING MORE ARTICLE...