Since the onset of COVID-19, Pension Boost has received a material increase in enquiry from self-funded retirees with around 10% of PLS applications being from this segment.
aged pensions
Which retirees can access Government Pension Loans Scheme?
Since July 2019, all retirees with sufficient equity in their property have been eligible for the Federal Government’s Pension Loans Scheme (PLS) to borrow against their home.
Specialists unlock $30 million in retirement funds for seniors
Pension Boost has achieved a 98 per cent success rate in assisting seniors to supplement their retirement income without impacting their age pension entitlements. This company is aiding [thousands] of retirees to boost their age pensions, to help them make ends meet and enjoy a better quality of life by accessing the net equity in their homes.
Federal Budget not a panacea for retirees
The expectation of action in the Federal Budget on lower taper rates for retirees who have assets/income beyond the current Age Pension limits have been frustrated.