IN PROGRESS
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Description
CPD – 1 hr
Technical Competence – 0.5 hours
Regulatory compliance and consumer protection – 0.25 hours
Client Care and Practice – 0.25 hours
The Pension Loans Scheme (PLS) is a Government-run reverse mortgage facility. The pensioner uses their Australian property as security for a loan provided by the federal Government. The loan is paid to the pensioner in the form of increased pension payments. This course examines the rules that govern the PLS.
Technical Competence – 0.5 hours
Regulatory compliance and consumer protection – 0.25 hours
Client Care and Practice – 0.25 hours
The Pension Loans Scheme (PLS) is a Government-run reverse mortgage facility. The pensioner uses their Australian property as security for a loan provided by the federal Government. The loan is paid to the pensioner in the form of increased pension payments. This course examines the rules that govern the PLS.