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...
First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
Four key areas to focus on