Keep up with the latest news and updates
August 6, 2024
In recent years, a troubling conversation has been gaining traction: should the family home be included in the age pension asset test? For generations, we’ve viewed our homes as sacred – our “nest eggs” – something to safeguard and perhaps pass down to our children. But now, new research from the Actuaries Institute is challenging
August 2, 2024
A Reverse Mortgage can be a lifeline for many retirees, offering the chance to unlock the equity in their homes and gain access to additional funds. However, the decision to take out a Reverse Mortgage should be made with an understanding of how it can impact existing pension entitlements. How Reverse Mortgages Work A Reverse
July 23, 2024
Retirement is supposed to be a time of relaxation and enjoyment, right? But for many retirees, financial pressures can make it anything but. One big issue that’s popping up more and more is adult children returning home or not even moving out. In fact, just over half of young men (54 per cent) and 47
July 10, 2024
Understanding your financial options in retirement is crucial, especially if you are dealing with the increasing cost of living in Australia. Home Reversion Schemes and Reverse Mortgage loans are two methods to unlock the equity in your home without selling the property, and downsizing. Recently a prominent Australian home reversion scheme was featured in the
June 27, 2024
When it comes to retirement, we often think about slowing down and enjoying a life of leisure. But the truth is, many retirees don’t fully step away from work. A study by Allianz on the Epic Retirement Community found that a whopping 77 percent of people nearing retirement are open to working in some way
June 24, 2024
Starting July 1, Centrelink will adjust the eligibility thresholds for the Age Pension to help seniors financially. These changes are designed to reflect Australia’s high inflation rates, aiming to provide increased financial support for seniors. The new thresholds will allow more seniors to qualify for the Age Pension and may result in higher payments for
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