Federal Budget and seniors: PLS changes are welcomed

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Major enhancements that Pension Boost has been advocating for will be made to the Pension Loans Scheme (PLS) from 1 July 2022. A No Negative Equity Guarantee will apply to

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Pension Boost questions Income Review report outcomes

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The founder of a retirement specialist that assists seniors to access the Government’s reverse-mortgage solution (known as the Pension Loans Scheme) hopes that the Retirement Income Review leads to more help for

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With 700 new retirees each day, where will their income be found if not ‘rich’?

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An increasing number of retirees – many of whom were not financially prepared when they stopped working – are seeking ways to live in their homes and find other sources

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Pension Boost Negative Equity Guarantee Petition has 600 retirees signed up

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Pension Boost has a petition running to bring the government’s reverse mortgage solution known as the Pension Loans Scheme (PLS) into line with regulations that have applied to commercial reverse

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Self-funded retirees 10% of PLS reverse mortgages

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Pension Boost is originating around 10 per cent of its government-run Pension Loans Scheme (PLS) reverse mortgages with self-funded retirees since the reforms were introduced in July 2019. The changes,

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Downsizing is not for every retiree

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With around 76% of all seniors owning their property outright there is an opportunity to downsize but it is no ‘silver bullet’ solution. Even though the recently announced Retirement Income Review was

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