Avoiding the crisis

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Vanessa Owen discusses how equity release can be used to fund long term care

In just the last six months the UK's ageing population has become almost a concept of popular culture, with official figures showing that, for the first time ever, there are more pensioners nationally than under-16s across the UK. Suddenly Britain's population and demographic trends are not just concerns for the Government, research experts and policy advisers, anyone with ageing parents needs to be aware of the implications that the expected improvements in mortality present. Barring a catastrophic change in projected mortality improvements, in just fifty years we can expect today's nine...

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