New research released by Bower has given an insight in to why perhaps equity release sales saw such a large increase in 2015. …
Has equity release become an essential aspect of financial planning?
Keeping the grandkids entertained this winter
It has certainly been a wet winter so far, as many of us know only too well following the floods over the last few weeks. In fact, according to the Met Office, despite it being the warmest December since records began in 1910, it was also the wettest of any calendar month on record. …
Will you be working into your golden years
New research has revealed that 66% of the British working population expects to work beyond 65. Alarmingly, over one in ten predict they will be working beyond 76, or think they may never retire. Almost three quarters of those who expect to be working beyond 65 say it will be because they cannot afford to …
Homeowners underestimate property wealth by almost £90k
Property owners aged 55 and over are underestimating the value of their homes by almost £90,000, according to a new study by the Equity Release Council. …
Keeping warm this winter
Who would have thought that in this day and age, thousands of older people in the UK will die this winter as a result of the cold weather? There were almost 44,000 “excess deaths” between last December and March – that is 27 per cent more people dying in the winter months compared with the …
What makes Bower so special?
When it comes to unlocking a cash lump sum from your home, you can’t be too careful about choosing who you go to for advice. A great starting point is speaking to a family member, friend, neighbour, colleague or anyone else you know who has taken out an equity release plan. …
Millions relying on property rather than pensions
Millions of people are still not saving into pensions, latest figures show, instead choosing to rely on their property as a source of income in retirement. …
Equity release ‘breaking new ground’ with record sales
Equity release is breaking records! New figures reveal over-55s are withdrawing £5million of housing wealth every single day …
Top ten skills to learn in retirement
Retirement is the perfect time to learn a new skill or take up a new hobby. You can meet new friends, keep your brain active and have some real fun at the same time. From informal learning online or with a local group, to booking on a professionally run course, there’s something to suit all …
Largest number of over-50s in work since records began
New figures show that the over-50s are making their biggest contribution to the UK workforce since records began. The research by Aviva shows that almost a third of adults employed during Q1 and Q2 2015 were aged 50 and over (an increase of 42% since 1992) with the total number of 50-64s in work reaching …
