Equity Release

People planning on using their equity release cash to purchase a home abroad may wish to be careful in the current economic climate. Dan Johnson, director of TheMovechannel.com, has claimed that they should purchase a home in different locations depending on their motivations. Recently the Real Estate Institute of New ... read more

New local government employees are unlikely to receive a final salary pension scheme in five years time. That is the finding of a survey conducted by the Local Government Chronicle and Liberty Future, which found that more than 80 per cent don't believe that career average pensions will be part ... read more

Just less than half of people believe that property provides a better return on investments than other methods. That is according to a study by Scottish Widows, which also found that 48 per cent of people believe that the value of their houses will withstand the economic downturn. However Jason ... read more

Safe Home Income Plans (SHIP), which represents most of the companies in the equity release market, has published its response to a paper produced by the Pensions Policy Institute regarding the housing sector's ability to support retirement. Andrea Rozario, director general of SHIP, said that it has "long championed" the ... read more

Nearly 55 per cent of undergraduates are receiving financial help from their parents while they learn. That is according to Sainsbury's Finance, which has discovered that as many as two in five parents with children at university are using their savings accounts to help fund their offspring's education.Although sometimes the ... read more

The recession has affected household wealth considerably, new research has found. According to figures calculated for the BBC, around £31,000 has been knocked off of the average worth of British families. Falling house prices had the biggest impact, with £422 billion removed from the total value of the ... read more

More and more of the older generation are considering taking a gap year to go travelling. Lauren Mackay, brand manager at Gap Year for Grown Ups, has suggested that although many may associate taking a year out with young people, there is really no boundary to when a person ... read more

Although many reports are suggesting that the recession in the UK is coming to an end, warning bells have been sounded about future economic crashes. Former US Federal Reserve chief Alan Greenspan has spoken to the BBC about the future of the world economy and sent a stark warning ... read more

Urgent action needs to be taken to address the care funding crisis in the UK. That is according to Caroline Bernard, a spokesperson for charity Counsel and Care, which helps to provide support for older people. Ms Bernard's comments came as a government green paper suggested that the current ... read more

Improving care at the end of life should be a priority in the UK. That is the opinion of the National Council for Palliative Care (NCPC), which has claimed that the healthcare workforce needs to be well trained to help people receive dignified care. Simon Chapman, director of ... read more