Key News
FSA launches annuities investigation
The Financial Services Authority (FSA) is set to announce a review of annuities later today (January 31st).It will examine whether hundreds of thousands of people around the country are getting a bad deal on annuities in their retirement.Key decisionNick Poyntz-Wrighter, the FSA's head of life insurance, told the Financial Times...
Read MoreEquity release 'an option for retired homeowners'
Retired homeowners who are wary of their financial situation and want to take action to improve it may look at their property as an asset they can take advantage of.Using equity release can be a good way for them to secure their financial future, as these products allow people between...
Read MoreEquity Release Council to get new leader
The Equity Release Council will soon be looking for a new leader, as current director-general Andrea Rozario has revealed she is stepping down from the role.She confirmed she is set to leave her post at the end of February to pursue new challenges and it was noted by the Equity...
Read MoreJob situation 'bleak for older people'
Older homeowners might have to consider other financial options, as their job options are currently looking "bleak", according to Age UK.Responding to the latest employment figures from the government, the charity noted it is hard for people over the age of 50 to find work after they have been unemployed...
Read More18% 'will retire in debt'
Almost one in five people (18 per cent) who are set to retire in the coming 12 months will do so with some level of debt still hanging over their heads, according to a new report.Data collected by Prudential for its Class of 2013 research showed of those planning to...
Read More18% 'will retire in debt'
Almost one in five people (18 per cent) who are set to retire in the coming 12 months will do so with some level of debt still hanging over their heads, according to a new report.Data collected by Prudential for its Class of 2013 research showed of those planning to...
Read More18% 'will retire in debt'
Almost one in five people (18 per cent) who are set to retire in the coming 12 months will do so with some level of debt still hanging over their heads, according to a new report.Data collected by Prudential for its Class of 2013 research showed of those planning to...
Read More18% 'will retire in debt'
Almost one in five people (18 per cent) who are set to retire in the coming 12 months will do so with some level of debt still hanging over their heads, according to a new report.Data collected by Prudential for its Class of 2013 research showed of those planning to...
Read More18% 'will retire in debt'
Almost one in five people (18 per cent) who are set to retire in the coming 12 months will do so with some level of debt still hanging over their heads, according to a new report.Data collected by Prudential for its Class of 2013 research showed of those planning to...
Read More18% 'will retire in debt'
Almost one in five people (18 per cent) who are set to retire in the coming 12 months will do so with some level of debt still hanging over their heads, according to a new report.Data collected by Prudential for its Class of 2013 research showed of those planning to...
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