Pension Boost in Sydney, Australia | Internet company

Pension Boost

Locality: Sydney, Australia

Phone: +61 2 8417 1139

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25.01.2022 Support Pension Boosts campaign to improve the Pension Loans Scheme (PLS) by providing greater protection for seniors. Since 2012 the government has required providers of commercial reverse mortgages to comply with the National Credit Code (NCC), which introduced a number of mis-selling protections for seniors, particularly the No Negative Equity Guarantee (NNEG) provisions. Yet in what can only be described as a Yes Minister definition of a reverse mortgage, the PLS is ...not subject to the NCC and therefore there is no such protection afforded to seniors choosing to access the governments scheme. We think this situation is appalling, the government should afford the same protections to seniors it expects of commercial providers of reverse mortgage solutions as well, particularly when its introducing increased responsible lending obligations on banks. Heres how you can help. Show your support by signing our petition to amend the PLS regulations to introduce No Negative Equity protections for seniors http://chng.it/FVmtV9TZyZ. Every signature counts.

24.01.2022 Do you know about the Australian Governments Pension Loan Scheme (PLS)? Learn more about it here.

22.01.2022 Great explanation by 9 News on the Pension Loan Scheme (PLS) changes happening July 01, and how they're going to benefit more older Australians.

21.01.2022 There are lots of health benefits to following a largely plant-based diet and now a new study has found getting your protein from plants may help you live longer.

21.01.2022 We've all started projects around the house and for whatever reason haven't quite got around to finishing them yet. This helpful article gives your three easy hacks to get yourself motivated and get them done!

20.01.2022 To be eligible for the Pension Loans Scheme an applicant must be an Australian resident, at least 66 years old and own property in Australia with sufficient net equity. Click the link to learn more.

19.01.2022 Support Pension Boost's campaign to improve the Pension Loans Scheme (PLS) by providing greater protection for seniors. Since 2012 the government has required providers of commercial reverse mortgages to comply with the National Credit Code (NCC), which introduced a number of mis-selling protections for seniors, particularly the 'No Negative Equity Guarantee' (NNEG) provisions. Yet in what can only be described as a 'Yes Minister' definition of a reverse mortgage, the PLS is ...not subject to the NCC and therefore there is no such protection afforded to seniors choosing to access the governments scheme. We think this situation is appalling, the government should afford the same protections to seniors it expects of commercial providers of reverse mortgage solutions as well, particularly when its introducing increased responsible lending obligations on banks. Heres how you can help. Show your support by signing our petition to amend the PLS regulations to introduce No Negative Equity protections for seniors http://chng.it/FVmtV9TZyZ. Every signature counts.

18.01.2022 Senior Card holders in NSW now have access to some great new deals.

17.01.2022 We've had thousands of seniors approach us wanting to learn more about the PLS and how the revised rules affect them, in particular those who have a reverse mortgage on their property. If you're in this situation, find out what your options are here: https://pensionboost.com.au/i-have-an-existing-reverse-mort

16.01.2022 Our latest blog article breaks down what your options are if you have an existing reverse mortgage and are wanting to apply for the PLS. https://pensionboost.com.au/i-have-an-existing-reverse-mort

16.01.2022 Weve had thousands of seniors approach us wanting to learn more about the PLS and how the revised rules affect them, in particular those who have a reverse mortgage on their property. If youre in this situation, find out what your options are here: https://pensionboost.com.au/i-have-an-existing-reverse-mort

16.01.2022 A common question we get is If I have an existing reverse mortgage am I eligible for the Pension Loans Scheme? In short, it depends.

16.01.2022 We're very excited to launch our new website today with the first online Pension Loans Scheme calculator in the market to assist seniors wanting to unlock a better life. Check us out at https://pensionboost.com.au/home and try the PLS Calculator.

15.01.2022 Our market leading online PLS calculator has now been used by thousands of seniors. We recently analysed the anonymised data from the submissions and extracted some interesting information which is detailed in an infographic in one of our latest blogs, click on the link to see more. https://pensionboost.com.au/myth-busted-the-pls-is-only-for #RetirementIncome #ReverseMortgages #PensionLoansScheme #Pensions #AgePension

13.01.2022 The regular fortnight payment structure of the Pension Loans Scheme (PLS) is ideally suited to assisting with funding in-home care packages. Learn more here.

11.01.2022 Under the Pension Loan Scheme (PLS) you can apply for a non-taxable loan if you need extra income or help for a short time or an indefinite period. Learn more here.

11.01.2022 Our market leading online Pension Loans Scheme (PLS) calculator has been used by thousands of seniors. We recently analysed the anonymised data from the submissions, and identified some very interesting information which is detailed in the infographic in this link: https://pensionboost.com.au/myth-busted-the-pls-is-only-for

10.01.2022 Weve all started projects around the house and for whatever reason havent quite got around to finishing them yet. This helpful article gives your three easy hacks to get yourself motivated and get them done!

10.01.2022 Are you eligible for the Australian Governments Pension Loan Scheme (PLS)? Find out here.

10.01.2022 There seems to be this myth out there amongst seniors, perhaps set by the banks and commercial providers marketing efforts, that reverse mortgages are exclusively for wealthy people to access the large equity they have in their homes. This is simply not true.

09.01.2022 A great write up by the The Sydney Morning Herald on the Pension Loans Scheme, click the link to see the full article.

03.01.2022 Itching to get back on the road, in the air or out to sea? Click the link to find out what the future of travel could look like post COVID-19.

02.01.2022 Were very excited to launch our new website today with the first online Pension Loans Scheme calculator in the market to assist seniors wanting to unlock a better life. Check us out at https://pensionboost.com.au/home and try the PLS Calculator.

01.01.2022 The Government is set to review the PLS interest rate. Considering its been 21 years since the last review, it's certainly about time! Learn how this could increase your Age Pension.