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Mar 17, 2010

Raw Deal for Older Taxpayers?

A report by Parliament’s Public Accounts Committee into the way that older people, especially pensioners, are taxed has worryingly shown they could be on the receiving end of a very raw deal. Constituting 18% of taxpayers, older people are more likely to abide by tax rules but are less likely to understand them, which means […]
1 min
Mar 13, 2010

Equity Release is Key Source of Retirement Funding say Politicians

A key source of retirement funding could come from Equity Release says a well known All Party Parliamentary Group. The group, led by Baroness Hollis of Heigham, suggested that the Government should provide better support to an industry that could offer a solution to the financial issues caused by a progressively ageing population. With additional […]
1 min
Feb 13, 2010

Your Pension: How will you fund it?

Huge numbers of people approaching retirement age — millions in fact – are heading for a worrying mix of hefty mortgages with no savings. A report by Aviva found that 25% of ‘pre-retirees’ – those aged between 55 and 64 – have a mortgage and in 20% of those cases it exceeds £75,000. The report, […]
1 min