Ex-PUPs back elusive loan scheme

A little-known government scheme that allows retirees to reverse mortgage their family home has received the backing of three independent senators.

Senators Jacqui Lambie, Glenn Lazarus and Nick Xenophon this morning called for the ‘Pension Loan Scheme’ to be broadened so that all retirees can access the scheme.

http://thenewdaily.com.au/money/2015/05/27/jacqui-lambie-and-friends-back-elusive-loan-scheme/