Media Release | Combine super and home equity release for a more sustainable retirement: Deloitte.
The numbers are in and it is clear that the Australian Reverse Mortgage market has failed!
At a time when Asset Rich but Cash Poor retirees are struggling to “stay in place”, fewer are turning to Reverse Mortgages as a way to tap into their home equity wealth.
International Longevity Centre – UK.
The Equity Bank (Government-Funded Equity Release Scheme) may not be the best idea but at least the UK Government is engaged in the Equity Release discussion!
What will it take for the Australian Government to Step Up?
The Productive Ageing Centre today released its research into the attitudes of Senior Australians towards downsizing their home.
Equity Release offers the choice to “Stay in Place”.
Home – National Seniors Australia – Productive Ageing Centre.
Baby Boomers who bought houses in the 60s, 70s and 80s have lived for free, with capital appreciation far out-stripping the cost of their mortgage. Their children will not be as fortunate. This cannot be the right outcome for a fair society.
Housing Will Become Biggest Driver of Inequality in UK, says Legal & General.
If the Baby Boomers were “Handed Free Housing”, will they “Give with a Warm Hand”?
Equity Release is an opportunity to resolve Next-Gen disadvantage.
Baby boomers were handed free housing, says top insurance boss – Telegraph.
Where are the Aussie Innovators?
The Australian Government has a role to play in the development of an efficient and ethical Equity Release market, in Australia.
It’s time for some leadership on Retirement Funding!
Enhanced equity release unlocked | Features | Mortgage Strategy.
FCA wants to see more innovation on lending into retirement | News | Mortgage Strategy.
Australia needs more innovation in Retirement Funding Products… What is our National Regulator doing to encourage this? ASIC needs to step up!
As Australian Government spending on health, age pensions and aged care services is projected to double to around half of all Government spending over the next 40 years, the wealth in the family home may need to be taken into account …
AHURI Evidence Review 052: Banking on the family home for aged care – AHURI.
Despite hosting a National Forum in April last year and conducting a Consultation Process in September 2013… The National Financial Literacy Strategy for 2014-17 is yet to be announced! Home | National Financial Literacy Strategy.
See if you can find the plan for improving Senior’s Financial Literacy in ASIC’s “Where’s Wally” cartoon (it’s in Focus Session 3 somewhere).
