The Financial Conduct Authority (FCA) is undertaking "exploratory work” to understand equity release and later life mortgage lending over fears improper advice may have been given to older clients.
PA understands the regulator's supervision team is investigating the equity release sector and mortgage lending to older borrowers as it fears they could have been given incorrect advice. This is Money...
Once-in-a-lifetime out, necessities in
£3.4bn released last year
To communicate equity release's wider opportunities and benefits, writes Chris Flowers, providers and advisers need to think about how best to engage not only its usual target audience but also their families
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Completes legal process
Scepticism towards companies' commitments
GDP falls 2.6% in November