CREDIT CARD DEBT RISK FOR PENSIONERS
• One in five over-65’s owe money on their credit cards with average debt of £8,967, says Key Retirement Solutions
Pensioners cashing in on the value of their homes owe an average of £8,967 in credit card debts, new research* from leading independent equity release adviser ... read more
Key announces landmark referral incentive for equity release
10,000th REFERRAL RECEIVED
AVERAGE PAYMENT PER REFERRAL REACHES ALL TIME HIGH OF £755
EXPANSION OF ESTATE PLANNING PROPOSITION
WIN A MINI COOPER REFERRAL INCENTIVE
Key Retirement Solutions, the UK’s leading independent equity release specialist today announces a number of major developments in its referral propositions.
In December of ... read more
People approaching retirement age have been advised to start planning before they leave work.Martin Palmer of Friends Provident said that taking a few "simple" steps, Britons can emerge in a strong position for the future.Writing for Whatinvestment.co.uk, the industry analyst advised consumers to work out how much they have already ... read more
The government has launched a new scheme which could see 125,000 households benefit from reduced energy bills.Prime minister Gordon Brown and climate change secretary Ed Miliband launched the boiler scrappage scheme earlier today (January 5th).Under the new programme, households fitted with G-rated boilers will be able to claim a £400 ... read more
George Osborne, Conservative party shadow chancellor, is expected to announce plans to reform public sector pensions this week.Mr Osborne is also expected to unveil plans to scrap some middle-class benefits.In the Tory draft manifesto, Mr Osborne is expected to promise reform on "unaffordable" public sector pensions and unveil ... read more
Gas and electricity customers should be prepared for a nasty shock when they receive their winter fuel bills, one price comparison firm has suggested.Despite price reductions from many energy suppliers, the annual energy bill has increased by 36 per cent compared with the beginning of 2008, according to independent comparison ... read more
A series of proposals have been published by the Association of British Insurers (ABI) in a bid to give people more options for taking income from Defined Contribution (DC) pensions.The paper, entitled Time for Change: Seven proposals to improve DC pension benefits in retirement, outlined policy proposals to remove existing ... read more
The increased rate of VAT, which comes into effect tomorrow (January 1st), will see the over-50s pay an extra £524 million in 2010, insurer RIAS has claimed.Chancellor Alistair Darling announced earlier this month that the rate will return to 17.5 per cent in the new year after being reduced to ... read more