Exempt Asset Limit increased to $13,500

From 1 July 2020 the Funeral Bond exempt asset limit has been increased from $13,250 to $13,500. Funeral Bond holders can now have up to $13,500 of contributions in a Funeral Bond and the whole balance is exempt from the Age Pension asset and income tests.

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Why not try before you buy?

Experience Chiton Retirement Living with our one week trial stay offer. 

Stay in a home at Chiton and experience what it would be like to call Chiton home. Experience the local attractions, the state-of-the-art community centre and the peace of mind that retirement living offers. 

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Award Winners

We are delighted to announce that our Woodside Retirement Village has been judged the winner in the Seniors Living category of the prestigious Urban Development Institute of Australia’s (UDIA) SA Awards for Excellence. The award program recognises the most outstanding examples of built form and master-planned developments in South Australia. 

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Chiton Lakehouse officially open to residents

KeyInvest’s Chiton Retirement Village has recently opened their stylish $1.5-million Lakehouse providing residents and their guests with a range of social and recreational facilities. Chiton’s first residents, Carol and Alan Charlesworth (pictured), say the Lakehouse is a fantastic place to socialise. “We often enjoy a glass of wine or beer with other residents on the magnificent back deck overlooking the stunning wetlands,” Mrs Charlesworth says.

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Award Winners

KeyInvest’s attention to the needs of retirement village residents and its commitment to quality has been acknowledged by receiving the 2017 Excellence in Seniors Living award from the UDIA SA for Chiton Retirement Living. Pic: Ian Campbell, KeyInvest’s Managing Director.

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KeyInvest updates the Life Events Bond

Significant enhancements have been made to the Life Events Bond (LEB) including increasing the investment choice to 27 investment options from the current 8 options.

Andrew Meinel General Manager Financial Services says “KeyInvest has responded to client and financial adviser feedback and given the LEB a significant overhaul to improve client outcomes”. The changes include making automatic increases to regular savings plans (RSPs) available to make sure RSPs keep pace with inflation or to maximise the tax benefits under the 125% rule.

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