Pensions and Retirement

Britons could lose up to £16,500 during their retirement as a result of the government's decision to change the obligation to purchase an annuity from age 75 to 77 years, according to one expert.This could encourage a number of homeowners aged over 55 years to take out an equity release ... read more

Britons could lose up to £16,500 during their retirement as a result of the government's decision to change the obligation to purchase an annuity from age 75 to 77 years, according to one expert.This could encourage a number of homeowners aged over 55 years to take out an equity release ... read more

The funding shortfall of the UK's 200 largest defined benefit pension schemes has soared to £100 billion, according to new figures.This could inspire a number of homeowners aged over 55 years to seek equity release advice to see how the value of their home could boost their retirement income.According to ... read more

The funding shortfall of the UK's 200 largest defined benefit pension schemes has soared to £100 billion, according to new figures.This could inspire a number of homeowners aged over 55 years to seek equity release advice to see how the value of their home 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