UK pension trustees could see hundreds of millions of pounds wiped off their pension funds following BP's oil spill in the Gulf of Mexico, it has been suggested.The news could inspire a number of people approaching retirement age to seek equity release advice in order to secure their retirement finances.BP's ... read more
New figures have revealed that despite a significant fall last month, the UK's final salary pension schemes have a deficit of almost £90 billion.This could encourage a number of people to look at equity release plans as a way of securing their retirement finances.Recently-published data from human capital and risk ... read more
Pension investors are being panicked into decisions as they do not know what is "coming next" in terms of tax changes, it has been claimed.The uncertainty could alarm a number of pension scheme trustees and encourage homeowners to look into equity release schemes as a way of ensuring they are ... read more
Credit card users in the UK are being trapped by payment priorities on different cards, according to a new report.This could encourage homeowners aged over 55 years to look into equity release plans as a safer way of increasing their spending power.A recently-released study by moneysupermarket.com has revealed that 60 ... read more
Britons are incurring £90 million in annual charges by relying on their credit cards to pay their household bills.This could inspire people who have invested in property to take out an equity release scheme, which could boost their finances and help them avoid costly charges.A recently-published report from moneysupermarket.com has ... read more
The government is not doing enough to ensure there is a savings culture in the UK, it has been claimed.People who have failed to save a large amount of money for their retirement could see their income boosted by a lifetime mortgage, which can provide homeowners with a regular income ... read more
Transport costs have increased by 11 per cent while the disposable income of UK households has fallen in the same period, according to new research.This could inspire a number of people to take out an equity release plan, which could provide them with a lump sum or regular income through ... read more
Rising inflation means retired households in the UK have seen their cost of living increase by £800, according to new figures.This could lead a number of homeowners to consider taking out an equity release plan in a bid to boost their finances.According to MGM Advantage, the latest annual increase of ... read more
Pension plans could have their portfolios negatively impacted by the weakness of sterling, it has been claimed.This could inspire a number of people to look into equity release schemes as a way of ensuring their retirement finances are sufficient.According to JP Morgan Asset Management, a poor pound could have an ... read more
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