Since 2019, Pension Boost has been assisting retirees access the government backed Pension Loans Scheme – a form of reverse mortgage. Pension Boost has now assisted seniors access more than $50 million in PLS loans to help them live a better life.
seniors
Federal Budget and seniors: PLS changes are welcomed
Major enhancements that Pension Boost has been advocating for will be made to the Pension Loans Scheme (PLS) from 1 July 2022.
Pension Boost is a private commercial venture founded by Paul Rogan in 2019, whose purpose is to assist everyday Australian seniors to live a better life. There are 1.9 million seniors on the Age Pension who own property, with many struggling to make ends meet. Pension Boost are the leading independent specialists in the Australian Government’s reverse mortgage programme known as the Home Equity Access Scheme (HEAS).