If you are awarded PI compensation at or above 50 impairment points, reimbursement is available from DVA for payments for advice from a suitably qualified financial adviser, which Cameron Teague, from CTWealth is.
The payment is intended to enable you to obtain advice on which payment option best suits your individual circumstances, i.e. an ongoing periodic payment of a lump sum amount.
Refer to your determination letter to see what value you are able to get reimbursement for for financial planning advice regarding your offer. We invoice DVA directly on your behalf and there is no out of pocket expenses by you.
Given the complexities involved with the various DVA entitlements it is essential that you seek appropriate advice on the best choice for you and your family. Here at CTWealth we have helped many ADF families through this decision process and are happy to help when required.
We offer a complimentary and obligation-free 10 minute phone discussion to explore likely advice needs prior to committing to an initial appointment.
Information discussed will be general advice only.
We are a listed adviser to the ADF Financial Services Consumer Centre linked here.
