DVA SRDP Advice for ADF Veterans

We support ADF veterans in accessing SRDP payments and advise on alternative benefits from DVA and superannuation.

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SRDP Application Assistance

We guide veterans through the SRDP application process to ensure you get the benefits and care you need.

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DVA Benefits Experts

We guide you in identifying other DVA entitlements, including incapacity payments, that you may be eligible for and access the compensation you deserve.

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Specialist Military Financial Advisers

As well as SRDP, we also provide overall financial planning to secure your finances after leaving the ADF.

Are you entitled to the Special Rate Disability Pension?

A Special Rate Disability Payment is another form of periodic disability compensation payment provided to Veterans through DVA. You do not automatically qualify for this pension and must meet certain eligibility criteria.
As qualified financial planners with experience in SRDP payments, we help our clients translate and understand what this is and how it can benefit them.

Our SRDP Services

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Eligibility Assessment

We review your service and medical history, including impairment points assessed by the DVA, to determine your eligibility for SRDP, incapacity payments, and other associated benefits.

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SRDP Application Assistance

Our experienced team provides step-by-step guidance through the SRDP application process, ensuring all necessary documentation is submitted accurately to improve your chances of receiving timely approval and payments.

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DVA Benefits Comparison

We’ll compare the benefits available through DVA and superannuation, including incapacity payments and the Invalidity Service Pension, so that you can get the best compensation and medical care to support your life after service.

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SRDP Tax Advice

Our specialists advise on the tax implications of receiving SRDP payments, ensuring you understand how these benefits may affect your overall tax situation and long-term finances.

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DFRDB, MSBS and ADF Super Advice

We offer advice on all ADF superannuation schemes, including DFRDB, MSBS, and ADF Super, helping you maximise your financial security.

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Comprehensive Financial Planning

Our holistic financial planning services will enable you to maximise all available benefits, including SRDP and superannuation, ensuring your financial strategy aligns with your short- and long-term goals.

What client say about us

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Den Coronel profile picture
Den Coronel
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The team at NSF has helped me above and beyond to get my finances in control. Through multiple consultations they have made sure to cover all areas of my personal wealth. They have provided me with an in-depth plan to carry out financial decisions, along with with support and guidance around ensuring stable financial choices. I recommend Wayne and his team for all my wealth prospects, as they have given me an amazing outlook toward my future. They have been very professional and their communication is amazing.
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REGAN ELLIOTT profile picture
REGAN ELLIOTT
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This team of people are so genuine and honest. Really recommend Wayne and the girls for ex Defence people because they know the in's and out's of all things MSBS, Super and finance! Thank you guys for your help sorting me out! 5 🌟
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James Arnold profile picture
James Arnold
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I contacted Wayne and his team at National Service Financial during my medical discharge earlier this year and they have been exceptionally helpful and professional. Their knowledge regarding the DVA and CSC processes is fantastic and they have made the whole process easier to understand. They have also supported me in other areas such as real estate and setting myself up financially moving forward. They have always made themselves available to assist me with any queries or questions that I have had. They have made a huge difference during what was a difficult and stressful time. I would highly recommend anyone seeking financial advice to contact National Service Financial.
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Tim Loone profile picture
Tim Loone
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Have been extremely happy with the service and support from Wayne and Megan. They have always been available and offer honest and frank advice. Highly recommended
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Peter Hassall profile picture
Peter Hassall
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Their in depth knowledge of the ADF Medical Discharge process and network is focussed on ADF Members getting the right result and entitlements afforded to them. The financial guidance and recommendations have assisted me in making good decisions, for our families future, post Medical Discharge.
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Levi Cahill profile picture
Levi Cahill
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During a very stressful time separating from the ADF on Medical grounds after 21 years of service, I contacted Wayne at NSF in 2020 for help. With a wife and 2 young children to also worry about, Wayne and his amazing team of professionals made themselves available not only during normal work hours but worked around what days/times worked for us. NSF guided me through my discharge process and helped us secure our first home for my family and I which relieved a lot of financial stress. I have recently contacted Wayne again as my financial situation has slightly changed and again he made himself and his extremely knowledgeable team available to successfully guide me through process's in relation to the ever evolving DVA, CSC and taxation system. So again my family and I are in a much better financial situation purely because of their due diligence and up-to-date knowledge of Veterans and their associated eligibility for various benefits and support. To say they care about their clients would be an extreme understatement.
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S
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I recommend NSF, especially for serving military members and veterans. Wayne and the team helped us after the initiation of a transition from full time military service on medical grounds. They had the ability to clearly explain the interdependence of superannuation, insurance, compensation, and pensions and helped us make some informed and immediate decisions to improve our financial stability. The provided advice was also comprehensive and incorporated our personal goals. The team understand the challenges of transition and showed exceptional empathy and support at all times. Most importantly, we were assisted in purchasing a new home and felt supported during what may have been a complex and stressful process.
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Nathan Caddis profile picture
Nathan Caddis
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Highly recommend NSF for all financial consulting needs. As a member of the defence force transitioning into the civilian world, there was alot things I needed to sort to secure my financial wellbeing. Wayne and his team were quick to sort out what I needed, liaising with both DVA and Military Super to ensure I would receive exactly what I was entitled to in minimum time. We have now sought their expertise to help with the purchase of a new home. Again they have jumped straight into action to assist, even at short notice, liaising directly with numerous lenders to secure us the best product.
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Julie Anne Uljanic profile picture
Julie Anne Uljanic
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The National Service Financial team have worked wonders to set up our SMSF and investment portfolio. From our initial contact it was easy to see that Wayne and Megan know their stuff, they are incredibly knowledgeable and professional; and really just all round great people to deal with. I would have absolutely no hesitation in recommending their services to anyone starting out with a financial planning dream or wishing to upgrade to a top notch A+ financial service.

Who We Are

National Service Financial is a trusted financial adviser specialising in financial planning for ADF members. With an extensive understanding of SRDP benefits, incapacity payments, and DVA processes, we are committed to helping you secure the financial support and resources you deserve.

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Why Work With Us

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Veteran-Owned Business

As a veteran-owned business, we are deeply committed to understanding ADF members’ challenges, needs, and goals. Our firsthand experience with the ADF community allows us to provide support and advice that truly make a difference

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Expertise in SRDP Payments

Our advisers have extensive experience with the SRDP process. They provide expert guidance to support you in understanding the eligibility requirements and requirements for lodging your application. We also offer ongoing support to ensure you continue receiving the benefits you are entitled to.

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DVA Benefits Specialists

In addition to our expertise in SRDP payments, we also assist ADF members with accessing other DVA benefits. Our team is experienced with the various programs and services offered by the Department of Veterans Affairs, and we can assist you to navigate the claims process to ensure you receive all entitled support.

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Military Financial Specialists

As former ADF members, we understand the financial challenges military personnel and their families face. We have firsthand knowledge of ADF pay and conditions and the complexities of transitioning to civilian life. This qualifies us to provide comprehensive financial guidance and support for current and former ADF members.

Who We Can Help

  • ADF veterans seeking SRDP
  • Family members of veterans
  • Retired military personnel
  • ADF members about to medically discharge
  • Veterans navigating the DVA claims process

Our Process

Our approach provides ADF members with comprehensive support, guiding them through financial options and benefits based on their situation.

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Initial Discovery Call

We start by scheduling an initial discovery call. During this call, we will discuss your goals, concerns and any current financial challenges you may be facing.

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SRDP Eligibility Assessment

Our team will assess your circumstances to determine your eligibility for the SRDP, considering your medical conditions and service history.

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Complete Financial Health Check

We’ll review your financial situation, examining income, expenses, assets, and liabilities to identify areas for improvement and strategies for enhancing your financial well-being.

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Comprehensive Financial Plan

Based on the information gathered from the initial discovery call, SRDP eligibility assessment and financial health check, we’ll develop a comprehensive financial plan that outlines recommended strategies to maximise your long-term financial security.

Financial Considerations Linked to the SRDP

While opting for the Special Rate Disability Pension can be beneficial, a few financial implications should be reviewed before confirming it over another compensation method.  It is important to understand how Department of Veterans Affairs payments may interact with other financial products and support services.

This includes but is not limited to:
While indefinite payments may be paid at a lower rate than incapacity payments entitlement due to offsetting arrangements.
Treatment of payments, while exempt from tax, is assessable as income for social security purposes. This may lower payment amounts received through family tax benefits, child support, disability support pensions, age pension, and other social security payments.
Understanding how these financial products interact with other products, such as superannuation and insurance, can significantly impact your financial strategy.
These are all areas a financial planner can assist you with and make sense of, taking into account your circumstances.

Ineligible To Have A Special Rate Disability Pension Paid?

If you are assessed as ineligible to receive SRDP payments, other possibilities exist for additional assistance and compensation. These include, among other options, incapacity payments, impairment compensation, the Invalidity Service Pension and a partner’s rate of a pension if being cared for by your partner.

Many of these payments and products will include asset tests and a review of your different personal circumstances, including any income or assets gained during military service. Commonwealth Superannuation entitlements may also be assessed to determine eligibility requirements for certain payments and lump sum amounts.  Assessments will also consider the impact of injuries sustained during service on your ability to work and access certain financial products. Understanding which products align with your circumstances can significantly impact the financial assistance available to you.

At NSF, while we do not process claims for payments, we provide valuable information to assist members in identifying what they are entitled to or where potential errors have been made.

This means that regardless of whether or not you are approved for a Special Rate Disability Pension payment, it is still worthwhile seeking our expert advice.

 

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