It is important for an older person to receive independent, accurate advice on how to manage and invest their savings and manage other financial assets. The finance industry has many products that may be appropriate. However, relevant information is not always readily available or available at a reasonable cost. Keeping up-to-date can also be

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The Pension Loans Scheme allows people of Aged Pension age to access a regular income from a loan which is secured against any property they own. The loan is paid in regular fortnightly payments. The loan amount can be chosen up to the maximum Age Pension payment.

You may be eligible for a loan under the scheme if:

  • you or your partner is