CPD: The fourth pillar of retirement funding

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Australia’s retirement income policy has been traditionally framed as having three pillars: superannuation, non-superannuation savings and the Age Pension. However, for many Australian baby boomers these three pillars provide inadequate resources to fund 25+ years of retirement. Household Capital explains why it’s now time to include the fourth, and largest, pillar of retirement funding – […]

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Australian retirees have inadequate access to their savings

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Household Capital, an independent, specialist retirement funding provider, said  yesterday that a major issue facing Australian retirees was inadequate access to savings. Josh Funder, Household Capital’s Chief Executive Officer, said retirement funding adequacy was a very real issue facing retired and soon-to-be retired Australians. Mr Funder was responding to a number of recent news articles, […]

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ME Bank and Household Capital establish $100 million innovative wholesale home equity funding facility

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Household Capital, an independent, specialist retirement funding provider, and ME Bank, an industry super fund-owned Australian bank, have announced a partnership establishing a $100 million wholesale debt facility. The terms of the facility are innovative and designed to meet the major unmet financial needs of Australian retirees who plan to continue living at home. ME […]

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Government needs to do more on in-home care, says Household Capital

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Household Capital, an independent, specialist retirement funding provider, commended the federal government’s announcement that it will fund an additional ten thousand in-home care packages but warned that more needed to be urgently done to meet the needs of ageing Australians. The Royal Commission into Aged Care Quality and Safety recently focused on aged care in […]

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Australia’s retirement funding challenge

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Australia is facing a major retirement funding challenge. We are living longer than ever, yet it’s becoming increasingly clear that many people don’t have enough superannuation to fund a comfortable retirement. Australia’s baby boomers are hitting retirement. Over the coming years, 5.5 million people born between 1946 and 1964 will retire; for many of those, […]

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Household Capital enters Australian retirement sector with innovative new retirement loan

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Household Capital, an independent, specialist retirement funding provider, has announced it has entered the Australian retirement sector with an innovative loan product that allows retirees to use equity in the family home to fund retirement expenses, enhance income or provide financial support to their children and other family members. Household Capital provides Australian home owners […]

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