Financial commentator urges caution on Pension Loans Scheme

July 1 2019 - 12:00am
Topping up? Loan scheme expands
Topping up? Loan scheme expands

Q - I read that the Pension Loans Scheme is changing, and that if we want, we can get 150 per cent of our fortnightly pension to help make ends meet. How does this work and are there implications down the track?

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