05 August 2020
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Alice Watson: "As we enter into a period of increased economic insecurity I wouldn't be surprised if this shift became more pronounced."
Clients using equity release to support day-to-day living accounted for more than a fifth of Canada Life’s transactions during lockdown.
The provider said equity release client behaviour had changed as a result of the strict lockdown measures imposed to curb the coronavirus pandemic. It said requests for lifetime mortgages to pay for...
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