Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Equity release could help boost savings
Friday, February 3rd, 2012
Older homeowners may be concerned about whether or not they have enough money to cope in their retirement, with a new report finding British people put away much less cash for their future than their counterparts in China.According to the study, which was conducted by Lloyds TSB, the typical British ... read more
IFS criticises government’s public pension reform
Thursday, February 2nd, 2012
Homeowners may be considering their financial options after a new report by the Institute of Fiscal Studies (IFS) claimed the coalition government's reform of public pensions is not going to save money in the long-term.With many individuals likely to see their retirement income cut as a result of the changes ... read more
Annuity rates ‘in decline for last 20 years’
Wednesday, February 1st, 2012
Older individuals searching for financial products in order to secure their future for their retirement have been reminded annuity rates have been in decline for the last 20 years.According to a report by the Daily Telegraph, this means many people will try to avoid buying a conventional annuity at the ... read more
Government ‘must be clear on equity release’
Tuesday, January 31st, 2012
Older homeowners may not be sure of the rules regarding unlocking money from the value of their home and could be turning towards the government for guidance on the matter.But according to Age UK, it is not clear whether or not equity release schemes are set to be included in ... read more
Equity release to help avoid retiring in debt
Monday, January 30th, 2012
Homeowners over the age of 55 who are coming up to their retirement may be concerned about the levels of debt they have accumulated over the years.This could see equity release plans rise in popularity as they allow a person to person release tax-free cash from their home to spend ... read more
Government encourages retirement saving with new campaign
Friday, January 27th, 2012
The coalition government has launched a new campaign in a bid to encourage more people to put money away for their retirement so they can be financially comfortable.According to the Department of Work and Pensions, millions of pounds are being spent on the drive to persuade individuals of the importance ... read more
Older people ‘feeling the pinch more’
Wednesday, January 25th, 2012
Homeowners aged between 55 and 95 may be concerned about their financial situation, as older people are more affected by the poor state of the economy than other sections of society.Data unveiled today (January 25th) by the Office for National Statistics showed GDP fell by 0.2 per cent in the ... read more
Equity release growth firmly back on track
Monday, January 23rd, 2012
Plan sales and total lending increases and there's £343 million of untapped funds still available, KRS Equity Release Market Monitor shows
Download the full report at: http://www.keyrs.co.uk/media/MARKET-REPORT-ANNUAL-2011.pdf
The equity release market is firmly established back on the growth trend with the first annual rise in both total lending and sales of plans since ... read more
Annuity rates drop ‘due to US and Europe debt issues’
Thursday, January 12th, 2012
Falls in annuity rates in the last couple of years are due to the ongoing debt problems in the US and across the eurozone.Annuity rates hit their lowest level since 1990 during August last year, leaving many people wondering how much further their retirement income could be set to fall.According ... read more
Retirement incomes dropping, research finds
Wednesday, January 11th, 2012
Retirement incomes have been found to be dropping, which may lead to homeowners aged between 55 and 95 investigating ways to boost their financial situation.Equity release mortgages are among the options available to people in this position and they may be a particularly attractive choice due to the fact that ... read more
