Single retired women make more use of the government’s reverse mortgage scheme than their male counterparts. More women are boosting to their income in retirement this way in the face of lower superannuation balances compared to men.
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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).