Pensioners increasingly turning to equity release to boost income

clock

Pensioners in the UK are using equity release to boost their income by an average of £67,500, according to analysis carried out by over-55s financial provider Key Retirement.

The report, which builds on data issued recently by the Equity Release Council, suggests the total housing wealth paid out through equity release increased by 32% in a year. The Equity Release C...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login