This one gets weird...

Or, more professionally, it gets introspective. Philosophical. Meandering. Circuitous. Solipsistic. Navel-gazing.

Because this week, Nathan and Jordan are exploring the most arcane topic they've yet covered on Australia's Nichest Podcast:

When does a client become a client - and when do they stop being a client?

Because while we all 'know' what a client is, did you know it's not defined in any of the legislative or regulatory material we carry around on our shoulders, Atlas-like?

And so we explore this topic - from the top-down, to the side, to the other side, inside out, upside down, on our heads, from around the corner and in all sorts of interesting, looping ways.

Like a Christopher Nolan film, but with a slightly smaller SFX budget, this one will hopefully make you think, make you yell at your podcast player and ask your own odd question about this thing we all do.

The LinkedIn Post: https://www.linkedin.com/posts/jordan-vaka_for-the-financial-advisers-out-there-two-activity-7348599291512356865-jtah?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAETjYwBJl-o206ehOjE85kiX12WAEVN4Uk

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

LinkedIn:

Challenge the Standard in Financial Advice (Podcast): Overview | LinkedIn

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.

An alternative title for this episode was CSLR 2: The Rage Cometh, because it is getting messed up.

And one of the journalists really working the beat on this topic is Keith Ford of ifa.com.au, who was good enough to come on and talk us through the latest updates on this rolling snowball of an issue.

From the various product failures potentially adding $2bn to the pipeline, to the labyrinthine ownership entanglements underpinning these latest rounds, through to the phoenixing-esque loophole somehow left in the legislation - Keith has the inside running on it all.

It was simultaneously wonderful having somebody with Keith's level of detail and knowledge walk us through the intricacies of this issue - and hair pullingly frustrating at just how bad this is going to get.

Enjoy!

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

LinkedIn:

Challenge the Standard in Financial Advice (Podcast): Overview | LinkedIn

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.

This week's episode is all about the upcoming changes to the Aged Care rules. Nathan's good enough to take an oddly political Jordan through the changes this week, covering:

• The expansion of the options in the Home Care arena from 4 to 8+2.
• The value and impact the new 'End of Life' package is going to offer people who want to spend their last days in their home.
• The changes to the fees - upfront and ongoing - for residential aged care.
• How the new-but-not-new hotelling fee is adding to the overall cost.
• Why these changes mean the middle class is going to feel the squeeze the most.

Nathan and Jordan also expound on why this is important and relevant for all advisers, not just those directly practicing in the space.

This was a fun one, with lots of ranting and political gasbagging amongst the - hopefully useful - practice insights.

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

LinkedIn:

Challenge the Standard in Financial Advice (Podcast): Overview | LinkedIn

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.