The gap in housing wealth between older and younger Australians has widened from 161% to 234% – making it almost half as big again. Source: The housing wealth gap between…
Concerns that the Home Equity Access Scheme from Centrelink is a “no-go area” for advisers are unfounded, according to the corporate regulator, which has given guidance that planners do not…
The Equity Release Council has said it will continue to work closely with the Financial Ombudsman Service in 2023 as it is acutely aware there is no time for…
Record numbers are freeing up money from their homes to cope with the UK’s cost of living squeeze Source: UK mortgages: could equity release help with rising costs?
Some of your older clients – or clients’ parents – may need to enter residential aged care. The funding model is complex and the costs not insignificant. This article, proudly…
Is a reverse mortgage a good option for Hirani when his money runs out? Reverse mortgages can be valuable, says Paul Clitheroe, or a disaster if used incorrectly. Source: Ask…
A retired couple with up to $419,000 in assets plus a family home can receive a full age pension of $40,000 a year (worth maybe $1 million) plus many other…
Some of your older clients – or clients’ parents – may need to enter residential aged care. The funding model is complex and the costs not insignificant. This article, sets…
The online financial services company is making another move across the Tasman - signing an agreement to buy Melbourne-based Challenger Bank. Source: Heartland Group lines up purchase of Australian bank…
Household Capital has closed a $37.6 million Series C capital raise, with Genworth becoming a strategic partner in the business. Source: Household Capital closes $37.6 million raising and enters strategic…