What does payday-loan backer do next? Eyes retirees

What does payday-loan backer do next? Eyes retirees
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The Australian backers of payday lending ventures that attracted regulatory ire in two nations are contemplating a new business: helping retirees.
The venture, “Retire Ez”, is aimed at helping retirees access equity in their own homes through reverse mortgages.
Having backed payday loan operations, now one controversial player is eyeing helping retirees.  
Jessica Shapiro
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The Australian Financial Review found that Swan Group Holdings is the owner of a company registered in November last year called Retire Ez Pty Ltd. A month later a page for an Australian venture, Retire EZ, featuring a swan-like icon and picture of a happy retiree-aged white couple was placed on Facebook.

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