Plan how your settlement supports your life
A compensation payment may need to support income, housing, treatment, care and family responsibilities over many years. HFI helps you assess the financial options and develop a strategy around your circumstances and priorities.
Decisions to consider
- Immediate spending needs, debt, housing and a reserve for planned costs.
- Future income and spending under different assumptions.
- Investment structure, risk, diversification and access to money.
- Relevant superannuation, tax and Centrelink questions, including possible timing considerations.
- Coordination with the solicitor, accountant, trustee or financial manager involved.
Before taking action
Tell us whether settlement is proposed, agreed or already paid, where the money is held and any known deadlines. The treatment of compensation depends on the payment and individual facts. No particular tax concession, superannuation treatment or benefit entitlement is assumed or guaranteed.
Useful guides
- Five decisions to examine after a compensation settlement
- Personal injury settlements and the 90-day super rule
- Centrelink compensation preclusion periods
Clear scope and continuing support
We agree the initial financial advice scope and fee before chargeable work starts. For suitable clients, an individually agreed Private Advisory Service provides continuing reviews and support. Major new work may require a separate quote.
For solicitors and financial managers
Use our professional referral pathway to discuss a matter. Personal financial advice and expert evidence are distinct engagements, each subject to suitability, authority and conflicts checks.
Questions about this service
Can I enquire before settlement is paid?
Yes. Tell us the stage of the matter, the decisions requiring financial advice and any known deadlines. Suitability, scope, capacity and fees are confirmed before HFI accepts the engagement.
Is this the same as making an insurance claim?
No. HFI’s service concerns financial advice about the payment and your financial circumstances. Life insurance claims are handled separately by ClaimRight under its own Financial Services Guide and agreement.
Service information maintained by Health & Finance Integrated. Meet our advisers and support team. Our Financial Services Guide and fee schedule explain our authorisation, process and remuneration.
Important information
General advice warning: Any advice on this page is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you and seek personal advice where needed. Where a financial product is involved, obtain and consider the relevant Product Disclosure Statement or other disclosure document before deciding. Investment returns are not guaranteed and investments can lose value.
Health & Finance Integrated Pty Ltd, ABN 72 165 510 618, Corporate Authorised Representative No. 1293198 of Able Financial Services Pty Ltd, ABN 27 646 319 164, AFSL 530596. HFI is not independent, impartial or unbiased because HFI or its licensee may receive life insurance commissions. See our Financial Services Guide, adviser profiles and fee information.