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Showing 1 - 6 of 6 results for "Pension Loan Scheme"

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... older Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will no longer be subject to meeting a work test before ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... being extended to those aged 60 and over. Currently, it is only available to those 65 and over. Changes to the Pension Loan Scheme are also being introduced from July next year. Older Australians will also be looked after in the form of a $17.7 billion ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... 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, financial advisers cannot ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... "illness separated couple" and cases are assessed individually, she said. Other areas she covered included: pension loan scheme versus reverse mortgages, accommodation supplements for low means residents based on the building's condition, treatment ...

Budget 2018: Social media reaction

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... partner Robert Samuel supported additional ASIC funding. Credit where credit is due. The expansion of the pension loan scheme is a good idea and should be supported. The Australia Institute advocated for it back in 2014 and we're pleased to government ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
... and 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 ...
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