Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Research reveals ‘huge increase’ in equity release
Friday, October 21st, 2011
Older homeowners are looking into ways to boost their financial situation in their retirement and it seems many are freeing up cash that is locked into their homes.New research has found a huge increase in the amount of money being lent via equity release schemes, which allow people to stay ... read more
Annuities ‘of interest to retired investors’
Wednesday, October 19th, 2011
Purchasing an annuity may be a financial plan that is of interest more to retired investors than younger people, due to the advantages they offer.The Motley Fool reports that the product dates back a number of centuries, although there was a collapse in the market as a result of the ... read more
Equity release to help cover inflation rise
Tuesday, October 18th, 2011
Older homeowners may be concerned about their financial situation becoming worse after it was revealed that the headline rate of inflation rose to more than five per cent during September.According to figures from the Office for National Statistics, inflation now stands at 5.2 per cent, which is a significant increase ... read more
Older people ‘have old-fashioned approach to finances’
Friday, October 14th, 2011
Homeowners aged between 55 and 95 may have an old-fashioned view of their finances.Equity release schemes may not be an option that is often considered by this group of people, even though it can help them to raise income and enjoy a more comfortable retirement.According to eco warrior Philippa Forrester, ... read more
Consumers ‘do not realise they can shop around for an annuity’
Tuesday, October 11th, 2011
Older people are likely to be checking their finances in order to ensure they have enough money left over to enjoy a comfortable quality of life in their retirement.One option expected to be considered by individuals in this position is purchasing an annuity, but Steven Lowe, management board member of ... read more
Equity release ‘should be a consideration’
Monday, October 10th, 2011
Homeowners aged between 55 and 95 are likely to be assessing their financial options in order to ensure they have enough money to live on during their retirement years.Matthew Allen, director of Mulberry Independent Financial Advisers, stated that individuals need to at least consider equity release to free up funds.He ... read more
Equity release ‘requires professional advice’
Friday, October 7th, 2011
Homeowners aged between 55 and 95 could be looking into ways to boost their incomes, due to factors such as public sector pensions being cut and inflation continuing to rise.Equity release is likely to be on the minds of many who are wondering how they are going to be able ... read more
Equity release to be useful for teachers
Thursday, October 6th, 2011
Teachers may find their retirement plans need to be amended after it was claimed they could be worse off by hundreds of pounds a year as a result of changes to public sector pensions.Equity release plans could therefore be set to become an increasingly attractive option for those who want ... read more
Choosing wrong annuities ‘is financially damaging’
Wednesday, October 5th, 2011
Selecting the wrong annuity can be financially damaging for those who are planning out their retirement incomes for their later years in life.Homeowners aged between 55 and 95 could look into the financial product in order to ensure they have enough money for the rest of their life, but it ... read more
Equity release ‘can pay for care costs’
Tuesday, October 4th, 2011
Older homeowners who are in their retirement are likely to be examining their finances to see how they are going to be able to afford to pay for their care later in life.Equity release is an option available to those aged between 55 and 95 and Matthew Rich, independent financial ... read more
