Your Investment Property

Are reverse mortgages a good retirement strategy?

Your Investment Property 12 Jun 2019, 09:32 AM

Pensioners Loan Scheme changes are about to take effect in July – but an industry professional warns the public about the risks of reverse mortgages

  • Pater Stewart 12 Jun 2019, 01:02 PM

    It is very difficult for a specialist in investment advice to understand the needs of those who are not as fortunate. For AMP to come out with this warning shows they don't understand the overall retiree population. With the evidence presented in the Royal commission, it would be better for AMP to take a more neutral position, or at least give an even perspective, rather than worrying about younger Australians getting their full inheritance without helping their parents along the way.

  • 87UrBox 14 Jun 2019, 11:59 AM

    That was a good article to read on. Thanks for sharing. Well informative.