Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Will workers turn to equity release plans as pension deficit soars?
Monday, May 24th, 2010
In the past 12 months the combined pensions deficit of the UK's biggest quoted companies has increased from £49 billion to £160 billion, according to new figures.This could encourage a number of people nearing retirement age to consider using the value of their property to boost their income through the ... read more
Could an equity release scheme ease the debt worries of the over 60s?
Friday, May 21st, 2010
The UK's older generation could be suffering in silence with their debt problems, one charity has suggested.One way that older people can ease their debt worries is by releasing some of the value of their home through a lifetime mortgage, which could provide them with a regular income.Figures from the ... read more
Could equity release and access to pensions boost retirement finances?
Friday, May 21st, 2010
The new coalition government has announced that it is to look into the possibility of allowing pension holders to have early access to their savings.This could come as a boost to a number of households and along with an equity release scheme could help people prepare for their retirement.Steve Latto, ... read more
Equity release clarity on the way as organisations join campaign
Thursday, May 20th, 2010
Homeowners considering using the value of their homes to increase their finances could be set to benefit from improved knowledge of the equity release sector.This could help ease the minds of a number of people looking to boost their income through the use of a lifetime mortgage.Equity release trade body ... read more
Equity release schemes and NAPF-approved government plans could boost pensioners’ finances
Thursday, May 20th, 2010
Pension reform plans outlined by the new coalition government have been given a "broad thumbs up" by the National Association of Pension Funds (NAPF).This could come as good news to homeowners looking to increase their finances with cash taken from the value of their property with an equity release plan.NAPD ... read more
Equity release ‘popular as ever’
Wednesday, May 19th, 2010
Demand for equity release is as strong as ever, despite the current uncertainty surrounding the economy, a leading expert has stated. The chairman of the Equity Release Solicitors' Alliance, Claire Barker, said that there has not been a decline in the number of people looking to supplement their finances through ... read more
Inflation takes 3.5% bite out of pensioner income
Wednesday, May 19th, 2010
INFLATION TAKES 3.5% BITE OUT OF PENSIONER INCOME
Prices are rising slower for over-65s but fixed incomes mean they suffer more, warns Key Retirement Solutions
Rising prices are taking a 3.55%* bite out of pensioner income with pensioner couples suffering more than single OAPs, analysis from leading ... read more
Could a reduction in pension contributions lead to an up-take in equity release plans?
Tuesday, May 18th, 2010
Employee contributions to personal pensions reduced last year for only the second time since records began in 1990, according to new figures.This could lead to an increase in the number of people using equity release schemes to boost their retirement finances. Such policies allow homeowners to release some of the ... read more
Will NHS workers turn to equity release if government ‘attacks’ pensions?
Tuesday, May 18th, 2010
NHS workers could be set to see their pensions "attacked" by the new coalition government, it has been claimed.This could inspire a number of homeowners working in the sector to consider an equity release scheme as a way of boosting their retirement income.In an interview with Nursing Times, Unison general ... read more
Will inflation ‘horror’ inspire homeowners to take out lifetime mortgages?
Tuesday, May 18th, 2010
The UK is facing its worst inflation for 19 years after the Consumer Prices Index (CPI) and Retail Prices Index accelerated from 3.4 per cent to 3.7 per cent and 4.4 per cent to 5.3 per cent respectively in April.This could encourage a number of people to free up some ... read more
