Where are we in Italy with the life mortgage loan for the over 60s? This is what the conference promoted by the Lumsa University of Rome (Piazza Adriana 22, 15-18 pm) will discuss on Monday afternoon on the theme "How to transform your own residence into a supplementary pension plan" which will take stock of the possibility also in Italy to replicate the successful experiences of other countries which allow the elderly to integrate their pension by mortgaging their home and receiving a life loan from the banks in exchange.
In Italy we are at the beginning because the new law on lifelong mortgage loans, supported by the ABI and 11 consumer movements, dates back to 2015 and the implementing regulation arrived only a few months ago. The market is in its nascent stage but the main banks are already moving.
After the greeting of the Rector of Lumsa Francesco Bonini and the introduction of Giovanni Ferri, professor of Political Economy who organized the conference, Pierluigi Murro, professor of Corporate Finance, will illustrate a European research project that seven universities including Lumsa are conducting on supplementary forms of pension based on home ownership.
Then the honorable Marco Causi (Pd), first signatory of the new law, experts, promoters and representatives of the Bank of Italy, Abi, Ania, Banca Intesa Sanpaolo, Confconsumatori and Adiconsum. The round table will be moderated by the director of FIRSTonline, Franco Locatelli.
