More and more in our country are spreading the financial instruments for the elderly. In most cases, they are attached to the possession of a property.
Just think about it, more than 50% the Italian Real Estate is owned by the elderly (Banca d'Italia), and that the latter continue to buy, given the recent analysis on real estate transactions Tecnocasa which states that, the 15,1% of the share purchases of 2015, in its agencies, They were made by pensioners, with the intent to supplement their pension with the proceeds of the rent. In addition, Always the Bank of Italy tells us that, in our country are taken out about 20 thousand sales of bare ownership.
Also the Mortgage loan Life annuity is a tool dedicated to the elderly, but whereas in other countries it is already widely used for many years, in Italy we are awaiting approval of the Regulation on Discipline of the Mortgage Loan Life annuity, which will give the green light to this financial product. I was talking Who
Let's try to find out more, interviewing Claudio Pacella, CEO of 65plus, service company specializing in annuities and loans with a long international experience on the subject.
Ten years now, the first Law (203/2005) which established in Italy this financing instrument, what are the obstacles, in his view, the failure to take off the Annuity Mortgage Loan? And do you think the "adjustments" made with the recent law (44/2015) They will give a major boost to the use of the instrument?
Together with our team we cover lifetime mortgages since 2007: the old law did not require any collateral that are now required by new law. For this reason it was created a lot of mistrust and often rooted in a strong prejudice, although in practice then the market has not manifested critical details. For this reason, not only the new law gives big boost, but already they can see its effects on the one hand because many citizens are already informing to know where to apply, and several other banks are waiting for the final regulations to offer this product. Soon demand and supply will begin to meet and the system will take off.
So as to stimulate those involved to turn our gaze towards the annuity Mortgage Loan, taking into account that, checks made by my, there are now banks have to offer to the market this financing instrument?
In fact MPS (Institute of Monte Paschi di Siena) It offers the loan annuity from 2007, although, being necessarily based on the old legislation has been the constraints that we have already mentioned. Our attention in this period is a time just to give support to banks that are affecting the product. Our way of contributing to this development is to provide them with our experience and our specialized services on loan annuity so as to facilitate their entry into the market.
He has already had the opportunity to make contact with the now multiple, Institutions, Supervisory authorities, Private entities, etc., and if so what, dealing with financial education, in order to spread through their channels, information, training and general advice (see definition OECD Financial Education), citizens in Italy?
The needs of destocking sheet are delicate matter that impacts strongly on expectations of the elderly. It must therefore be very careful because we often see wrong information on who improvised expert of the moment, even in some recently published books. In this period we are therefore considering several initiatives to help inform the public about these important changes and will present projects structured in cooperation with the institutions that have proved more sensitive on these issues. It 'important to do well, but also in a hurry to avoid that the first concerned have not due support.
Alex Gaetani
I libri e gli ebook sull’argomento
Il nuovo prestito vitalizio ipotecario
