Reverse mortgage issues investigated
SEQUAL, the body that represents the reverse mortgage industry, has provided key government, community and financial services stakeholders with a snapshot of the industry.
Key consumer concerns included: the awareness of the product and possible pitfalls; broker commissions; the need for the legal fraternity to better inform their clients; and the difficulty seniors have in obtaining comparative information.
The report will be available in January at:
www.sequal.com.au.
![Dandenong Mayor [left] stands next to aged care resident and aged care staff member](https://agedcareguide-assets.imgix.net/news/articles/wp/belv__2204.jpg?fm=pjpg&w=370)
![Dandenong Mayor [left] stands next to aged care resident and aged care staff member](https://agedcareguide-assets.imgix.net/news/articles/wp/belv__2204.jpg?fm=pjpg&w=520&format=auto&q=65)
