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Showing 1 - 9 of 9 results for "PLS"

ETFs reigned supreme in 2023: Superhero

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
... with resource stocks making up four of the top five most traded Australian stocks for the two generations (Pilbara Minerals (PLS) followed by Core Lithium (CXO), Fortescue (FMG) and BHP (BHP). When it came to the states, Tasmania and the Northern Territory ...

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... regulated under the National Credit Act." The Home Equity Access Scheme (HEAS), previously named the Pension Loans Scheme (PLS), has been a long-standing Centrelink scheme that functions similarly to a reverse mortgage. According to Miller, prior to ...

Prime Minister announces reverse mortgage scheme

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... associate research fellow Ning Wang pointed out very few pensioners have taken up the existing scheme. "As attractive as the PLS might appear, hardly any of the four million or so Australians aged 65 and over have taken it up, perhaps as few as 5000 ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... well as freeing up the supply of housing for younger families. Further to this, from 1 July 2022 the Pension Loan Scheme (PLS) will provide access to advance payments in a lump sum and introduce a No Negative Equity Guarantee. The PLS will give eligible ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... bargain hunters turning to the resources sector, with buys heavily outnumbering sells in lithium miners Pilbara Minerals (PLS) and Galaxy Resources (GXY)."

Tenders on the menu for UK pension schemes

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
The UK competition regulator is proposing regulatory changes designed to ensure pension schemes pressure the market into providing the best value for members. The Competition and Markets Authority (CMA) is concerned competition problems exist within ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
Financial advisers are being warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
... Nick Xenophon have called on the government and opposition to back legislation to broaden access to the Pension Loan Scheme (PLS). The PLS, established by the Hawke government in 1983, is a reverse mortgage scheme that allows people of pension age to ...

Expand PLS to all age pensioners: TAI

ALEX DUNNIN  |  THURSDAY, 18 SEP 2014
The Pensions Loan Scheme (PLS) for full age pensioners should be extended to all age pensioners who need an easy way to increase their retirement income, said a leading think tank. The Australia Institute (TAI), a progressive think tank based in Canberra ...
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