The stress and strain of managing money is a constant battle for many people across the country. For most of us at least, whilst income from work is flowing in steadily the battle remains somewhat controllable. However, when income from work stops or slows, and we enter retirement, budgeting becomes a fine balance. …
Bower appoints Head of Business Development
Equity release adviser firm Bower has further strengthened its management team by appointing Georgina Oxton to the newly created role of Head of Business Development. …
The pitfalls of the buy-to-let boom
April 6th, dubbed pension freedom day, passed quietly as most of us enjoyed Easter Monday in peace. Pensioners did not rush to release their cash, start spending wildly and no run on Lamborghini’s has been reported. …
What Retirees Want – The Great Retirees Research
After contributing an average of 81,000 man hours and £145,000 in tax, it should come as no shock that the majority of retirees want time to relax during their retirement. …
Time served and taxes paid – The Great Retirees Research
After 81,000 hours of work and thousands paid in taxes, our Great Retirees deserve to enjoy their retirement. …
Average household £10,000 in the red by 2016
By next year, the average household in the United Kingdom will have amassed over £10,000 in unsecured debt. …
Aussies do the opposite…
The radical pension reforms announced in last year’s Budget speech are now little under a month away from being enacted. April 6, or ‘pension freedom day’ as it has become known, will begin a time of free access to defined contribution pension pots for the over-55s. …
Why are divorce rates amongst the elderly on the rise?
Divorce rates in the United Kingdom have been an issue of topic and debate for years now. However, one aspect of this discussion that is often ignored is the growing number of over-60s who are getting divorced. …
We have been nominated again!
Bower are proud to announce that we have once again been shortlisted at the annual What Mortgage Awards. …
Baby boomers cash in their gains
For the post-war generation popularly called ‘the baby boomers’, their house has been their soundest investment. House prices have, over long run averages, consistently climbed for decades and today the baby boomers have the option of turning to lifetime mortgages to cash in on these historic gains. …