Astute Financial adds Household Capital to its panel

Household Capital, a leading Australian provider of home equity retirement funding, is pleased to announce it has been appointed to Astute Financial’s provider panel and has already accredited a number of Astute’s specialist brokers to use its Household Loan.

Home equity retirement funding has been identified as the third pillar of retirement income by the Australian government. Household Capital understands the critical role home equity plays in meeting the needs of an ageing population and has designed its Household Loan to provide long-term, responsible retirement funding.

Household Capital’s Distribution Executive Esther Angrisano commented, “We are delighted to be on Astute’s panel, and we look forward to the partnership going forward.”

This appointment to Astute’s panel closely follows Household Capital’s announcement of its successful series C capital raise, with Genworth Financial Mortgage Insurance joining Legal and General (UK) as a strategic partner in its business.