Household Capital fast tracks funds for retirees in need

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Retirees facing financial shortfalls will be able to apply for accelerated access to draw on their home equity, after independent specialist retirement funding provider Household Capital overhauled its product features and application process to meet the needs of senior Australians during the COVID pandemic. Household Capital has announced the launch of its Home Income, a

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19 Jun 2020

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Household Capital adds two C-suite execs to its growing team

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Household Capital, an independent, specialist retirement funding provider has announced it has further expanded its team. On the back of strong growth and following the recent appointment of a Customer Operations Manager, Household Capital has added two specialists in operations and risk management. Luke Rattigan has been appointed to the newly created role of Chief

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28 May 2020

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New appointee to Household Capital board

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Household Capital, an independent, specialist retirement funding provider has announced that entrepreneur and technology specialist Danny Gorog will join its board of directors. Danny specialises in the development of mobile apps and digital platforms, as well as providing strategic advice to businesses. He is a founder, investor and currently CEO of Snap Send Solve, a

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30 Apr 2020

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Household Capital adds UK home equity market expertise to team

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Household Capital, an independent, specialist retirement funding provider has announced it has expanded its team with the addition of key expertise in retirement funding customer operations. Jay Sewell has joined Household Capital from UK-based Age Partnership, a leading provider of home equity funding. Jay held the role of Head of Retirement Funding for eight years,

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23 Apr 2020

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Household Capital closes Series B financing with strategic investment from UK’s Legal & General

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Household Capital has announced the completion of a Series B financing, with UK global asset manager and financial services provider Legal & General acquiring a 20 percent stake in the Australian company. Existing and new investors joined Legal & General in the Series B financing, which takes the total amount of equity capital raised by

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17 Mar 2020

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Australians not feeling supported by the retirement funding system

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Household Capital, an independent, specialist retirement funding provider has completed its submission to the Retirement Income Review in response to the government’s consultation paper released in November 2019. The purpose of the Retirement Income Review is to ascertain the degree to which retirees are supported by the three pillars of Australia’s retirement system; superannuation, the

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04 Feb 2020

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Household Capital welcomes review of Government’s Pension Loans Scheme, calls for greater protection of seniors

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Household Capital, an independent, specialist retirement funding provider has welcomed the federal government’s review of the rate it charges for the reverse mortgages in its Pension Loan Scheme (PLS), its expanded home equity funding program. Dr Joshua Funder, Chief Executive at Household Capital, says the review is an endorsement by the government of the importance

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28 Oct 2019

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Family home recognised as third pillar of retirement funding by federal retirement income review launching this week 

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The family home could become a significant part of Australia’s retirement funding solution, after home equity was specifically included in the terms of reference for the federal government’s review of retirement income.  The first major inquiry into Australia’s retirement savings system begins this week and the three–person independent panel has been tasked with identifying the role played by “voluntary savings, including home ownership” in Australia’s

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16 Oct 2019

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Household Capital expands its team

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Household Capital, an independent, specialist retirement funding provider has announced it has expanded its team with three key hires across marketing and technology. The first of these is Mario Garrido as Chief Marketing Officer. He joins Household Capital from AustralianSuper, where he was Head of Brand, Retention, & Direct Growth Strategy. His background includes consumer

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09 Oct 2019

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Household Capital offers lowest rate reverse mortgage in Australia

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Household Capital, an independent, specialist retirement funding provider, yesterday announced it will further reduce its interest rate, passing on today’s RBA rate cut in full. Household Capital has reduced its interest rate in line with each of the three RBA rates cut this year. Lowest rate for home equity access Household Capital’s innovative approach to

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02 Oct 2019

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