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Equity Release News

Recession prompts decline in pension payments

08 September 2011

Total contributions made to personal pensions declined sharply during the year of 2009-10 when compared to 2007-08.

Figures published yesterday (September 7th) by the Office for National Statistics (ONS) revealed that during 2007-08, £20.9 billion was paid into...

Young Brits 'keen to hear grandparents' financial advice'

05 September 2011

New Savings Survey data from National Savings & Investments (NS&I) has revealed that 20 per cent of younger Britons believe their grandparents have more time to focus on money management if they are retired, and are therefore ideally placed to give them tips about...

Equity release 'can be a valuable financial option'

02 September 2011

There are all manner of situations when equity release can serve as a "valuable" tool, including paying for long-term care, supporting family members or funding retirement years.

Such is the opinion of Karen Barrett, chief executive at unbiased.co.uk, who...

Equity release 'helps people live at home for longer'

01 September 2011

Older Britons who choose to release equity from their property may find that this allows them to live in their own home for longer.

This is because, according to Invest Southwest managing director and independent financial adviser (IFA) David Penny, the cash they...

Pensioners on fixed incomes 'face lower spending power'

31 August 2011

Pensioner inflation could result in those expecting to retire on a fixed income having less spending power in the coming years.

This is according to Prudential, which says that because those in retirement tend to spend a larger proportion of their money on things like...

Explore options when using equity release for healthcare costs

26 August 2011

Equity release can be used to help fund retirement and healthcare, but consumers mulling over this option should do so very carefully.

This is according to Paul Rumbold, independent financial adviser (IFA) at Wayne Austin IFA, who noted that eligible Britons can use...