TPD, DSP and Centrelink
When you receive DSP or another Centrelink payment, a TPD benefit can raise questions about income, savings and future financial security. HFI assesses the relevant interactions alongside your living costs and goals.
We consider total household income, access to money, costs and future needs. Seeking the highest possible benefit payment in isolation can overlook other financial consequences. The advice should explain what each available option means for your overall position.
Where Centrelink advice is included, we compare relevant financial scenarios, explain assumptions and identify matters to confirm. Services Australia determines eligibility and payment amounts. We do not assume your entitlement or guarantee a payment outcome.
Disability benefits, retirement planning and family responsibilities often overlap. HFI can coordinate financial information and work with your other professionals as authorised, keeping the advice focused on the decisions you need to make.
Hypothetical illustration — not an actual client or result.
Imagine Alex receives DSP but has a gap between income and expenses. Alex asks whether an income stream could help. HFI would assess suitability and compare the effect on total income, DSP, access to money and longer-term savings. Any recommendation would depend on Alex’s circumstances; DSP could change.
The appropriate advice and outcome would depend on the person’s circumstances, fund requirements and applicable rules. No saving, entitlement or purchase outcome is assumed.
“They brought together financial planning and disability knowledge and understanding, and produced the tailored advice we were looking for.”
Annabel Johnson · Google review · 2021-12-06
Selected excerpts from public Google reviews. Reviews describe individual experiences and do not guarantee tax savings, benefit entitlements or future results.
Read about HFI’s specialist TPD financial advice. Learn more about fees and engagement and the HFI team.
Tell HFI the decision you are facing and any important deadline. We discuss suitability, the proposed scope and fees before chargeable work begins. An initial enquiry does not establish an advice engagement.
Yes. Tell us who you would like involved and any communication needs. We confirm the appropriate authority, scope and communication arrangements.
Tell us what you are trying to achieve and any important deadline. We will discuss whether HFI is the right fit and explain the next step and fees.
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.