Accessing Housing Wealth in order to Live Well in retirement.

 

The largest generation within the Australian population is rapidly approaching retirement, poorly prepared for that stage of their lives.

Although the so-called Baby Boomer generation has achieved extraordinary personal wealth through home ownership, they are ASSET RICH but CASH POOR.

However, this generation can expect to LIVE LONGER than any generation before them and they intend to LIVE WELL in retirement.

Senior Australians are entitled to access their housing wealth through EQUITY RELEASE, in order to live the life they choose for themselves.

ERIC is committed to encouraging the development of an efficient and ethical Equity Release market, in Australia.

Funding Retirement… Equity Release? Yes, Minister!

“Ultimately we want to give future retirees more choice, greater peace of mind and the opportunity to improve their standard of living in retirement”. Minister O’Dwyer.

Innovation for Retirement Funding

F8207F8B-DB2D-46E6-BC19-A124D111A502.jpegQMV Solutions recently assembled a Panel to discuss the need for Innovative Retirement Funding products. See what they had to say about Equity Release…

http://tinyurl.com/QMVsolutions

 

Equity Release Booming in the UK

Download the Report5D71C6F6-5A39-4FAD-8950-40F8F05E1C3D

Reverse mortgages can be useful, but take care | INTHEBLACK

 

Source: Reverse mortgages can be useful, but take care | INTHEBLACK

DomaCom and ASIC reach agreement on retirement products | Financial Standard

 

Source: DomaCom and ASIC reach agreement on retirement products | Financial Standard

Most Australian retirees will run out of money before dying

The vast majority of Australian Retirees own their home. Equity Release?

 

Source: Most Australian retirees will run out of money before dying

UK Financial Conduct Authority

The FCA has provided an update to its investigation of Layer Life Lending:

https://www.fca.org.uk/publication/occasional-papers/occasional-paper-31.pdf#5