Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Britons ‘fear financial impact’ of the Budget
Monday, March 19th, 2012
Homeowners aged between 55 and 95 may not be looking forward to the chancellor of the exchequer George Osborne delivering his Budget speech to parliament this week, as new research has found many people fear their finances are going to be negatively affected.As many as two-thirds of the respondents to ... read more
Report shows over-55s finances improving
Thursday, March 15th, 2012
Older people may be more financially comfortable now than they have been in recent years, according to the findings of a new study.The Aviva Real Retirement Report found incomes were up by a marginal amount, from £1,285 in December 2011 to £1,303 in March 2012.This was shown to be the ... read more
Debt advice recommended to struggling older people
Monday, March 5th, 2012
Homeowners aged between 55 and 95 may be able to benefit from taking debt advice if they are finding it hard to pay their bills on a monthly basis.
Options that may need to be investigated by those in this position could include lifetime mortgages, but new research has highlighted the ... read more
Government ‘must act’ to protect retirement incomes
Thursday, March 1st, 2012
Individuals nearing the age they intend to retire may be concerned about the amount of money they are going to have to manage on when they give up work.The government has been urged to ensure retirement incomes are protected in the future, with the International Longevity Centre (ILC-UK) publishing a ... read more
Retirement delays due to financial issues
Monday, February 20th, 2012
Many older people are being forced to delay their retirement due to the fact they have not been able to put away enough money to live on if they were to give up their jobs.Homeowners aged between 55 and 95 may therefore be looking into ways to boost their financial ... read more
Retirement ‘no longer standardised process’
Friday, February 17th, 2012
Older homeowners who are coming up to their retirement may be aware the process is not as standardised as it once was and they may need to prepare for this shift before giving up work.Dr Dianne Bown-Wilson, chief executive of In My Prime, specialists in age diversity and the ... read more
Elderly ‘still face highest inflation’
Wednesday, February 15th, 2012
Older homeowners may be affected by inflation more than other sections of society, according to a new report published by the Alliance Trust Economic Research Centre.Earlier in the week, figures from the Office for National Statistics revealed there was a fall in the headline rate of inflation last month from ... read more
Older people ‘feeling the pinch more’
Wednesday, January 25th, 2012
Homeowners aged between 55 and 95 may be concerned about their financial situation, as older people are more affected by the poor state of the economy than other sections of society.Data unveiled today (January 25th) by the Office for National Statistics showed GDP fell by 0.2 per cent in the ... read more
Retirement incomes dropping, research finds
Wednesday, January 11th, 2012
Retirement incomes have been found to be dropping, which may lead to homeowners aged between 55 and 95 investigating ways to boost their financial situation.Equity release mortgages are among the options available to people in this position and they may be a particularly attractive choice due to the fact that ... read more
Rising life expectancy could see interest in equity release spike
Monday, August 8th, 2011
Increased life expectancy means 20-year-olds are now three times more likely to reach 100 than individuals of their grandparents' age.This means that more financial planning has to go into retirement, which may see many people move towards equity release schemes as a way to fund their retirement years.Research carried out ... read more
