EQUITY RELEASE INDUSTRY ASSOCIATION

By Live long... Live Well | Live Long... Live Well

Watchdog asks: Do older Aussies need help understanding risk?

By 2026 there will be 658,900 Australians over the age of 85 and by 2046 this number will spill over into the millions, with 1,439,000. That will be …

Mortgages

Facilitators of Aging in Place

12 September 2017<p>"Aging in place” is a term broadly used to describe a person living in their preferred residence as they age. For most Australians …

Australian Universities

DomaCom offers new solution for retirees

<b>Fractional property investment company, DomaCom has announced a new solution for ageing retirees which will include selling part of their home to</b> …

Retirement

Equity release product options triple since 2007

The number of product options on the equity release market has more than tripled in the past 10 years as the sector continues to grow in popularity, …

Finance

DomaCom: Equity Release Game-Changer!

DomaCom has demonstrated its commitment to shaking up the Equity Release market in Australia. Today’ASX Announcement provides new hope for Senior …

GameChanger

Reverse Mortgage - Living with ease in the golden years

Sumar Ambreen<p>Most Australians aged 65 and over own their own home. A reverse mortgage will allow you to borrow against the equity in your home, …

Mortgages

The benefits of getting a reverse mortgage

Many thanks to the reader who pointed out that the exemption of the family home from the age pension assets test is not the only reason for the …

Mortgages

The advice clients will pay for in the future

September 7, 2017<p>The financial advice industry is on the cusp of a paradigm shift; a fork in the road. While a growing number of financial advisers …

Retirement Planning

Equity release helps first-time buyers

<b>Category:</b> Mortgages<p>Updated: 16/08/2017 <br>First Published: 16/08/2017<p>Equity release is known as being a great way for retirees to free up some of the …

Financial Conduct Authority

Equity release customers see large savings

<b>Equity release customers are saving in excess of £70,000 as increased competition drives growth in property wealth being used to increase the</b> …

Brokers must say they provide equity release

<b>Brokers must tell their customers they provide equity release advice if they’re to take advantage of a growing market.</b><p>That was the message from Dean …

Australia today

Australia

Seniors’ finances at stake amid ageing population

The Equity Release Industry Council (ERIC) was recently established to protect Senior Australians who are seeking to release their Property Wealth in …

Retirement

Reverse mortgages: A personal look

I have long been a fan of reverse mortgages -- if they are done in the right circumstances and for the right reasons. Regular readers of this column know I always put my money where my mouth is. And in the case of reverse mortgages, I want to give you a very personal example.<p>About 15 years ago, I …

Mortgages

About

The Equity Release Industry Council (ERIC) exists to ensure the development of an efficient and ethical Equity Release market in Australia.<p>The …

Finance

Breaking News... Equity Release Industry Council (ERIC)

Equity Release Industry Council (ERIC) to replace SEQUAL.

The <b>Equity Release Industry Council (ERIC)</b> intends to encourage the development of an efficient and ethical equity release market in Australia in …

The great retirement challenge

Over the past 30 years the percentage of living expenses the age pension covers has dropped from 90 per cent to 37 per cent. With no guarantee this …

Craig Davidson from Human Services talks about the Financial Information Service

Advisory intermediaries back equity release solutions for over 60s

<b>Even with many financial institutions withdrawing from the market due to the appetite for reverse mortgages, there remains a large demand for equity</b> …

Equity release helping 13 first-time buyers a week

In the first half of 2017, 13 first-time buyers were helped onto the housing ladder every week by relatives who released equity from their homes, …

Real Estate

Scott Morrison urges retirees to 'free up larger homes for younger families'

Treasurer Scott Morrison is encouraging older Australians to downsize and "free up homes for larger families" after a Fairfax Media analysis of …