The MBF-owned financial planning firm ClearView has been advising clients to contact Centrelink to have their age pension entitlements assessed.
As retirees see the value of their investments decrease in the current crisis they are looking for additional income.
The number of pensioners who have been granted payments has increased from about 2000 a week in October to 3000 a week in December, according to media reports. The firm is supporting this development as a way to supplement retirement income.
"We specialise in retirement solutions and so a lot of our clients are in the age bracket, " ClearView Retirement Solutions technical manager Dante De Gori said.
"We are recommending people to be assessed by Centrelink - either reassessed or be assessed for the first time."
De Gori estimates that more than half of ClearView's clients receive a form of social security payment from Centrelink and he said their number is increasing as a result of the firm's encouragements.
