Equity Release OZ Live Long-Live Well

By Kevin Conlon | Property Wealth Access

SEQUAL Walks Away

The so-called Industry Body, SEQUAL has closed its operations with very little said about the reason for this remarkable decision.<p>Australian Seniors …

Markets

Reverse mortgages set to move forward

Options for older house owners to tap into equity in their homes through reverse mortgages have more than halved in the past 12 months but that could …

Demand for equity release qualifications up by a quarter

With changing demographics and a greater focus on funding later life, it is no surprise that the equity release market is undergoing something of a …

Reverse Mortgages - Star Ratings

The results are in: CANSTAR’s 2016 Reverse Mortgage Star Ratings research report is a great example of what’s on offer in Australia when it comes to …

Mortgages

Co-founders’ next strategy step is to focus on aged care

Strategy Steps co-founders and directors, Louise Biti and Assyat David, have sold the business to a software and online learning business, leaving …

Business Planning

Retirees are gaming the system to qualify for a pension

Judging by reader feedback, current and future retirees are unlikely to allow the tougher assets test applying from January 1, 2017 to frustrate …

Retirement

Elderly should sell homes to fund care, says aide to Theresa May

Controversial proposal would result in families using some of children’s inheritance as parents live longer<p>Theresa May’s policy chief has suggested that people with valuable homes who face high social care costs in old age should downsize or re-mortgage to cover their bills, the <i>Observer</i> can …

Santander and L&G announce lifetime mortgage partnership

This is a really positive move for the retirement lending market that will see more customers realising the benefits of releasing equity to make …

Budgeting

Equity release industry provides adviser support

Traditionally there has been a reticence for generalist IFAs and mortgage brokers to engage in our market<p>The Equity Release Council has provided a …

Financial Planning

Equity release adviser pack launched

The Equity Release Council has launched a new online guide for advisers to help aspiring new entrants and recent arrivals to the market.<p>The detailed …

Three quarters of brokers recommend later life lending

Research by Legal & General has shown 74 per cent of brokers either currently recommend or would recommend later life lending or equity release …

Driving equity release towards mainstream success

In the past few months I have felt something stirring that could take equity release into the next level.<p>There’s something bubbling underneath the …

Retirement

New lenders trigger surge in equity release product choice

The launch of new lenders such as OneFamily and Legal & General expands the choice on offer and increases the need for specialist advice<p>A record 66 …

L&G equity release sales overtake annuities

Legal & General is writing more equity release business than individual annuities after lifetime mortgage sales reached over £200m in the first half …

Home equity release crucial to fund retirees with insufficient superannuation balances

Financial concerns are escalating amongst pre and current retirees as the reality of underfunded superannuation balances and inadequate savings is …

Equity Release Club

<b>Multi award winning club.</b><p><b>FREE</b> to be a member<p><b>Advanced knowledge</b> of ALL the lenders and lending criteria.<p><b>FREE</b> fully staffed support desk – we can help …

Retire Right: Is no work all it's cracked up to be?

My dad excitedly retired in 2014, aged 65. It's a family joke that he was alarmed when my mum, whom we all assumed would work forever, started …

Retirement

Equity Release Goes From Strength To Strength

It seems that as the equity release industry goes from strength to strength the negative comments just keep coming from some quarters. There is a …

Tech Industry

Budget moves superannuation goal posts

<b>Self-managed superannuation funds (SMSFs) provide ‘the best super option', despite the controversy emanating from the budget, according to the SMSF</b> …

Money

Andrew Ford, CEO @ Heartland Finance

2016 Budget Aged Care Update: Equity Release 'In the Mix'

16 May 2016<p>Budget cuts are often disdained, and in this case some industry players are worrying that this decision may lead to compromising the …

Retirement

Too poor to retire: More Australians than ever will work past 70

More Australians than ever before intend to work beyond 70, as Generation X-ers and Baby Boomers fear they lack the financial security needed to …

Retirement

Australians may be forced to raid the inheritance to fund retirement

<b>Increasing financial pressures faced by Australians are set to breaks the tradition of the next generation enjoying a better lifestyle than the one</b> …

Where is housing 'affordable' in Sydney?

<i>It's no secret that vast swathes of Sydney are out of reach for aspiring home buyers on middle incomes, but new analysis from Ryan van den Nouwelant,</i> …

New Math on Reverse Mortgages

Advisers now are promoting them as a valuable tool for retirement planning, thanks to recent safeguards<p>The reverse mortgage has won some new respect.<p>A decade ago, most financial advisers would roll their eyes at the mention of reverse mortgages, loans that give homeowners an advance on their home …

Mortgages