Seniors’ finances at stake amid ageing population

ASIC Warning:  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 order to live well in retirement.

ERIC welcomes the timely warning issued by ASIC today and is committed to the development of an efficient and ethical Equity Release market in Australia.

ERIC exists to assist Senior Australians to better understand Equity Release products, including Reverse Mortgages and ensure the professional conduct of those that offer thes products.

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