07 Mar, 2019
A new home equity release offering has been introduced to the market with the specific aim of helping individuals fund their retirement.
Specialist funding provider Household Capital launched the product today, called the Household Loan, as a solution for individuals who did not have adequate savings to fund their retirement.
“Our mission is to help Australians live well at home. It’s a non-financial mission. It’s about giving Australian retirees confidence in their long-term plans for retirement, trust in their own savings and recognising their needs are valid and can often be met through their own savings,” Household Capital chief executive Joshua Funder said.