This could inspire a number of people to use an equity release calculator in order to find out how the value of their home could boost their retirement funds.

New figures released by LV= have revealed that the UK’s over-50 population has decreased retirement savings by £3,800 a year.

The study also showed that 37 per cent of those nearing retirement age are “pinning their hopes” on economic recovery.

Ray Chinn, LV=’s head of pensions, said: “Britain’s over-50s have already seen their pension pots damaged by the economic crisis and now many appear to be diverting still more money away from retirement saving to deal with immediate pressures.

“We urge those already close to retirement not to give up on saving at such a crucial time.”

Homeowners who are curious about how the value of their home could provide them with a tax-free cash lump sum can find out by consulting Key Retirement Solutions‘ equity release guide.

Posted by Claire Ford
 

This could inspire a number of people to use an equity release calculator in order to find out how the value of their home could boost their retirement funds.

New figures released by LV= have revealed that the UK’s over-50 population has decreased retirement savings by £3,800 a year.

The study also showed that 37 per cent of those nearing retirement age are “pinning their hopes” on economic recovery.

Ray Chinn, LV=’s head of pensions, said: “Britain’s over-50s have already seen their pension pots damaged by the economic crisis and now many appear to be diverting still more money away from retirement saving to deal with immediate pressures.

“We urge those already close to retirement not to give up on saving at such a crucial time.”

Homeowners who are curious about how the value of their home could provide them with a tax-free cash lump sum can find out by consulting Key Retirement Solutions‘ equity release guide.

Posted by Claire Ford
 

This could include a number of people aged over 55 years who are curious about how the value of their home could boost their income through a lifetime mortgage.

According to recently-published figures from unbiased.co.uk, more than a third of people searching for independent financial advice in June were looking for retirement planning tips.

The firm said the trend could be attributed to a number of negative tax and pensions stories hitting the headlines over the last few weeks.

Karen Barrett, chief executive of unbiased.co.uk, said: “In light of the changes made by the coalition government in the recent emergency Budget, many consumers will be examining their current finances in order to understand how they will be affected by these adjustments.

“Changes to pensions and tax levels will have important consequences for those impacted, and it is vital for everyone to understand if and how this will affect them.”

Homeowners aged over 55 years who are concerned about their retirement income can find out how the value of their property could provide them with a tax-free cash lump sum by using the equity release calculator provided by Key Retirement Solutions.

Posted by Tom Papworth
 

This could encourage a number of people aged over 55 years to use an equity release calculator to see how the value of their home could boost their retirement funds.

Recently-released data from the Pension Protection Fund showed that the aggregate balance of all 6,653 schemes in its index had a deficit of £21.8 billion at the end of June.

This represented an increase on the £11.7 billion figure recorded when total liabilities were taken from total assets at the end of the previous month.

The report revealed that while total assets were £901.5 billion, the schemes’ cumulative liabilities stood at £923.3 billion.

In total 4,420 schemes were in deficit, while just 2,223 reported a surplus.

Homeowners aged over 55 years who are concerned about the state of the UK’s pensions can find out how the value of their home could provide them with a tax-free cash lump sum by contacting Key Retirement Solutions for equity release advice.

Posted by Claire Ford
 

This could mean a number of people aged over 55 years consult an equity release guide in order to see how the value of their home could boost their retirement funds.

Dan Hyde, a pensions writer for Thisismoney.co.uk, said the UK’s pension problems can be attributed to the complex nature of the system.

“Criticised for being over-complicated and unrewarding, pensions have been rejected by millions of Britons, despite huge swathes of us facing terrifying gaps in our retirement savings,” he said.

“Less than 40 per cent of the working-age population has any pension whatsoever, thanks in no small part to an overly complex system that’s constantly changing.”

The comments could inspire a number of homeowners aged over 55 years to use Key Retirement Solutions‘ equity release calculator to see how the value of their property could provide them with a tax-free cash injection for their retirement.

Posted by David Hancock
 

This could inspire a number of people to find out how an equity release scheme could free up some of the cash tied up in their property to pay for a trip abroad.

Recently-released figures from Age Concern Enterprises have revealed that people aged over 65 years are travelling further afield and taking a number of trips in a single year.

The firm said that 2009 saw a record take-up of its annual European and worldwide travel insurance policies for people over the age of 65 years.

Joe Young from Age Concern Insurance Services said: “Globe-trotting is no longer the reserve of the young. Over-65s are as likely to be travelling the world as younger generations as they search for ways to bring excitement to retirement.

“And as the population ages, we predict a travel boom which will see even more mature people exploring far-flung destinations.”

Older homeowners in the UK who are curious about how the value of their property could provide them with enough cash for a much-needed trip can find out by using an equity release guide from Key Retirement Solutions.

Posted by Tom Papworth
 

This could encourage a number of people aged over 55 years to use an equity release calculator to find out how a lifetime mortgage could help pay for better services using the value of their property.

According to the report from PricewaterhouseCoopers, 77 per cent of social care providers think that current expectations are “unrealistic”.

A further 55 per cent said there is not enough support from central government in assisting them with social care market challenges.

PricewaterhouseCoopers’ lead social care partner, Amanda Kelly, said: “These findings highlight the need for government to set clear policy and direction now to address the acute funding crisis facing the sector which could result in reduced choice and potentially lower quality of services for those who depend on social care.”

Homeowners aged over 55 years who are concerned about the level of quality in social care can find out how the value of their property could provide them with a tax-free cash lump sum with equity release advice from Key Retirement Solutions.

Posted by Claire Ford
 

This could inspire a number of people aged over 55 years to find out how the value of their property could boost their retirement income by using Key Retirement Solutions‘ equity release calculator.

Laith Khalaf, pensions analyst at investment service provider Hargreaves Lansdown, said: “It is easy to sustain the promises to people whereby you are saying ‘Yes, this time I will pay your pension that is fine’.

“The problem is, when it comes round to payment time do you have the money to fund it?”

It follows the publication of a report by the Public Sector Pensions Commission, which claimed that contributions may need to “rise sharply” if benefits remain unchanged.

Britons aged over 55 years who are concerned about the state of the UK’s public sector pension system can find out how the value of their home could provide them with a tax-free cash injection by using an equity release guide from Key Retirement Solutions.

Posted by David Hancock
 

This could inspire a number of people aged over 55 years to find out how the value of their property could boost their retirement income by using Key Retirement Solutions‘ equity release calculator.

Laith Khalaf, pensions analyst at investment service provider Hargreaves Lansdown, said: “It is easy to sustain the promises to people whereby you are saying ‘Yes, this time I will pay your pension that is fine’.

“The problem is, when it comes round to payment time do you have the money to fund it?”

It follows the publication of a report by the Public Sector Pensions Commission, which claimed that contributions may need to “rise sharply” if benefits remain unchanged.

Britons aged over 55 years who are concerned about the state of the UK’s public sector pension system can find out how the value of their home could provide them with a tax-free cash injection by using an equity release guide from Key Retirement Solutions.

Posted by David Hancock
 

This could inspire a number of British homeowners to seek equity release advice in order to see how the value of their home could provide them with a tax-free cash lump sum.

Responding to the European Commission’s Green Paper on pensions, the Confederation of British Industry has voiced its concerns about some of its proposals.

John Cridland, the organisation’s deputy director-general, said: “Britain already has a well-regulated system thanks to the Pensions Regulator. Applying a “one-size-fits-all” approach to the EU’s pension schemes would be a mistake.

“Unlike those in many other countries, the UK’s final salary schemes are index-linked and rise in line with inflation.”

Homeowners aged over 55 years who are curious about how the value of their property could boost their retirement income can find out by using Key Retirement Solutions‘ equity release guide.

Posted by Tom Papworth