The self-employed commonly have very lumpy income streams plus periods of feast and famine. Their lack of income security means…
This particular question wasn’t asked or answered but Oliver was very clear that the launch is only the start. The…
Priest Alaska brought back the woman I love after another man nearly destroyed our marriage. My wife’s personality had changed…
Priest Alaska brought back the woman I love after another man nearly destroyed our marriage. My wife’s personality had changed…
Tag Archives: Equity release
We have a false faith in Government to sort all our care worries.
I worry that we’ll go back to the old comfort that the NHS will take care, Government cannot pay for that from its dwindling coffers. Continue reading
Later Life Lending with the Equity Release Council
I am not an adviser of, nor do I work for a provider of, but I am a beneficiary of equity release. Our family has gone from property rich but cash short to happily in balance because of a mortgage … Continue reading
Posted in pensions
Tagged Aviva, Equity release, Equity Release Council, Fairer Finance, Later Life Lending, pension
Leave a comment
Pensions +housing! PMI and Nest Insight from the VFM boys.
A mercifully shorter pod from Darren and Nico centred on a session that they did at the PMI DC Conference last Thursday in Convene, the trendy new place much used by Professional Pensions. Their discussion was about pensions and housing … Continue reading
How can housing wealth bridge the later life funding gap?
I have been speaking with my old friend Andy Young, an MBE for setting up the PPF who has worked with Pension Ministers , most especially with Steve Webb. He has no blog and should run one himself but … Continue reading
Posted in pensions
Tagged Andy Young, Equity release, Fairer Finance, Pension Commission, Pensions, SOLLA
4 Comments
What’s happened to equity release?
Viewers of daytime TV are assailed with three types of advert – cruises for the confident, funeral plans for the morbid and lifetime mortgages for the skint. Older people watch a lot of TV in the daytime. Funeral plans … Continue reading
Equity Release is in its prime – funding retirement many ways.
How pensions are paid from our housing wealth If you get a pension paid by Legal & General, you are probably being paid in monthly charges against other people’s houses. The £400,000, your neighbour borrowed against their £2m property is, … Continue reading
Posted in pensions
Tagged Business and Economy, corporate risk, Employment, Equity release, Financial services, pension, Pension new, Pensions, prime, workplace Pensions
1 Comment
McPhail on how UK’s housing wealth can fix the retirement cost of living crisis
Tom McPhail has produced some radical proposals for reform of the Equity Release market. Here they are. Launched on pension credit awareness day, they are welcome indeed/ The UK has an annual retirement income shortfall of £48 billion … Continue reading
Kids should not borrow- parents should not lend.
Last week Legal & General ran a press release that suggested that rather than the Bank of Mum and Dad bailing out children from their pensions, parents should consider releasing equity from their homes by using LifeTime mortgages. You can … Continue reading
The Four Trillion pound lifeboat for (some) British Pensioners.
I was in Westminster last night for drinks on the terrace watching politicians lining up to tell their in-jokes about the Conservative party leadership contest. The jokes weren’t very funny and even if they were, I couldn’t tell you them … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Equity release, pensions, Property
1 Comment
Millennial fightback
The greatest current threat to motor manufacturers is that people no longer want to drive. The second biggest threat is that people no longer want to own a car. That’s the message that comes loud and clear from an article … Continue reading
Posted in actuaries, advice gap, pensions
Tagged Balance sheet, Equity release, lease, own, Ownership, pensions, possessions, Volvo
7 Comments
As cryptocurrency adoption continues to grow, scams, hacking incidents, fraudulent investments, and lost wallet credentials remain major challenges. TECHY FORCE…