Maximise DVA Payouts and Entitlements
Get the most from your DVA entitlements following medical discharge.
Military Financial Specialists
We specialise in military financial advice for veterans.
Advice Paid for by DVA
Many of our services are funded by DVA for eligible veterans.
What happens during an ADF medical discharge?
If you have been given a medical discharge from the ADF, chances are you are also facing a significant shift in your financial situation. Whether you can enter civilian employment or remain medically unfit for work, reviewing your financial situation and obtaining qualified financial advice can make a difference.
At National Service Financial, our team of financial advisers specialises in supporting veterans with their medical discharge from the ADF and any related financial implications. We help veterans get the most from their compensation, pension or incapacity payments. We aim to ensure you continue receiving a consistent income during your recovery and new life post-service.
Our Services
DVA Entitlement Assessment and Application
We evaluate your entitlements and provide support with DVA applications, ensuring you understand your benefits while assisting you in gathering the required documentation.
DVA Claims Support
Writing and submitting DVA claims can be tedious and complex. Our understanding of the process and experience in making these claims can expedite the process.
Superannuation Advice for DFRDB, MSBS and ADF Super
We’ll help you understand your ADF superannuation scheme better, including contributions, investment choices, medical benefits from super and strategies to enhance your superannuation benefits.
Lump Sum Investment Strategies
Maximise the potential of any lump sum payments to develop investment strategies that align with your goals, ensuring your funds are utilised effectively for long-term financial security.
Housing Entitlements Advice
We offer advice on housing entitlements, including DHOAS assessments, as we guide you through the application process, ensuring you receive all available support.
Comprehensive Financial Planning
You can receive financial planning services to secure your future, which includes budgeting, investment strategies, and retirement planning. Our team will work closely with you to create a personalised financial plan.
What client say about us
Why National Service Financial
Medical Discharge Process Experience
Our team has extensive experience in navigating the ADF medical discharge process, assisting members through their transitions, and ensuring that every veteran receives personalised guidance.
DVA & ADF Entitlements Expertise
We provide expert advice on maximising DVA and ADF entitlements, helping you identify and secure eligible benefits, and ensuring you receive financial support throughout your transition.
Veteran-Owned Business
We are a veteran-owned company, supporting veterans’ financial needs with empathy and understanding. Our team is dedicated to empowering fellow veterans through comprehensive financial planning.
Military Financial Advice Specialists
We specialise in financial advice for military members and veterans, and understand the issues they face. Our dedicated advisers are experienced in military compensation structures, superannuation options and benefits.
Who We Can Help
We assist:
- ADF members facing medical discharge
- Veterans seeking to maximise DVA benefits
- Veterans requiring financial advice post-separation
- Veterans and their families managing superannuation and pensions
Our Process
We offer a structured approach to financial planning for veterans, starting with a clear understanding of your situation.
Initial Discovery Appointment
During our initial consultation, we’ll assess your financial situation and discuss your needs. This appointment allows us to better understand your current financial status, goals and challenges.
DVA Benefits Assessment
We’ll identify DVA claims and benefits you may be entitled to, such as Special Rate Disability Pension and Incapacity Payments and assist you with the application process.
Lump Sum Investment Strategies
Receiving a lump sum payment after your medical discharge can be overwhelming. We’ll guide you through sensible, long-term investments to help ensure your lump-sum payment enhances your financial security.
Comprehensive Financial Planning
It’s important to consider your long-term finances after being medically discharged from the ADF. We’ll provide a complete financial plan to help ensure your income can support your lifestyle post-separation.
Incapacity Payments
Incapacity payments are compensation for economic loss due to your inability to work normally because of an injury or illness acquired while in service.
While they may initially be paid at a rate 100% equal to your original salary, this rate may decrease over time, causing financial difficulty and distress for some veterans.
Permanent Impairment Payments
When an illness or injury is recognised as permanent or indefinite, this is judged to be a permanent impairment (PI). PI payments can be made fortnightly or as a lump sum, with the amount payable determined through DVA assessment criteria.
These lump-sum payments or invalidity benefits are often linked to a veteran’s commonwealth superannuation corporation benefits. Lump-sum payments can seem like a financial win. However, they can be quickly depleted without careful management, leaving veterans in financial distress.
DVA Pension
DVA pensions are available for veterans medically discharged due to injuries or illnesses sustained during service. These pensions may include income support and compensation based on your level of impairment. Applying for these benefits requires professional assistance to ensure maximum entitlements.
Affordable Advice Without Compromise
DVA compensates veterans for financial advice fees, meaning eligible veterans can access our services at no cost.
Since our services fall under the DVA’s financial literacy benefits, it makes sense to seek financial planning support. At National Service Financial, we have extensive experience with veteran-specific financial issues, making us a top choice for financial advice.
Whether our services are funded by the DVA or paid directly, we guarantee the same high-quality guidance we’re known for. We prioritise delivering exceptional advice and support, ensuring you feel equipped to manage your finances after discharge.
For practical and effective financial solutions after your medical discharge from the ADF, contact National Service Financial today.