Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Over 65s hit by interest rate falls
Friday, August 7th, 2009
Many elderly people are being hit hard by the falling rate of interest on savings accounts. New research from Halifax has found that the over 65s are particularly vulnerable to the changes as 33 per cent are registered to receive gross interest. Adrian Lowcock, senior investment advisor at Bestinvest, has ... read more
Lack of pensions savings is “alarming”, study finds
Friday, August 7th, 2009
Almost three in four Britons could find themselves struggling for money once they finish working, the findings of a new report suggest. According to analysis of retirement saving trends around the world carried out by Datamonitor, around 69 per vent of working adults do not have any pension policy in ... read more
FTSE 100 companies ‘face huge pension deficit’
Friday, August 7th, 2009
FTSE 100 companies are facing a huge deficit because of the financial crisis. The 16th report into pensions and accounting by Lane Clark & Peacock (LCP) LLP found that the deficit now equates to £96 billion, more than double the figure of £41 billion a year ago. Bob Scott, partner ... read more
