Retirement Planning

The amount of money being paid into pension funds by UK workers has fallen, according to a new report.This could inspire a number of people aged over 55 years to consider using the value of their home to boost their retirement finances through a lifetime mortgage.According to new figures from ... read more

The government's decision to attach pensions to consumer price index (CPI) rather than retail price index (RPI) inflation could cut £20,000 off a public sector worker's pension, it has been claimed.A number of homeowners could now be encouraged to use an equity release calculator to see how the value of ... read more

A number of UK retirees could be missing out on additional income by not enquiring about enhanced annuities, according to one expert.Those missing out on the additional retirement funds could be encouraged to contact Key Retirement Solutions to see how an equity release plan could boost their finances.According to MGM ... read more

The pensions "black hole" at Colchester Council has grown by £20 million in the last 12 months, according to new figures.This could inspire a number of council workers to use an equity release calculator in order to see how the value of their property could boost their retirement income.According to ... read more

Women working in the UK's financial services industry have faced more challenges than men during the recession, according to one expert.This could inspire a number of female homeowners to consider an equity release plan as a way of boosting their income as the expert said juggling a job and family ... read more

Public service broadcaster the BBC has announced a number of changes to its final-salary pension scheme.Staff at the network could be encouraged to seek equity release advice after learning that as of next year, the pensionable salary of staff will increase by no more than one per cent per year.BECTU, ... read more

By switching its formula from retail price inflation (RPI) to consumer price inflation (CPI), the government has taken away the supposed rise in the basic state pension, it has been claimed.This could see a number of homeowners aged over 55 years considering using some of the value of their property ... read more

The government, private sector employers and the pensions industry are currently failing workers on modest incomes, it has been claimed.This could inspire a number of homeowners aged over 55 years to contact Key Retirement Solutions (Key RS) to see how an equity release scheme could boost their finances.Brendan Barber, general ... read more

The chancellor's failure to announce an immediate end to the UK's default retirement age (DRA) is "disappointing", one expert has claimed.Knowing that they could still lose their jobs at any time "without good reason" could see many people aged over 65 years turn to equity release schemes as a way ... read more

The new coalition does not seem ready to consult on introducing measures to make private pensions more flexible, according to one expert.This could encourage a number of homeowners, in particular those aged over 55 years, to take out a lifetime mortgage, which could provide them with a tax-free cash lump ... read more