Homeowners aged between 65 and 74 are increasingly using equity release to supplement their income in later life, figures from the Equity Release Council's (ERC) market report have shown.
Data for the first half of the year showed 58% of new equity release contracts sold were taken out by older homeowners. Total lending was up 11% to £710m. It stood at £641m in the first half of last...
And other investors
Consultation closes on 30 October
Sent to retirement savers at age 50
Expanding the 'regulatory perimeter'
Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) has said.
At times when scandal tears through the industry, David Boyle believes in the importance of regrouping, learning and making sure all bases are covered with sound due diligence practices
As the UK nears election day, Neil Birrell believes it is time for investors to look at what he believes is an undervalued UK equities sector...
Introduces drawdown lock
Began career in 1985