Tag Result: retirees
Nearly half of workforce leavers in 2020-2021 experience relative poverty
A report by the Institute of Fiscal Studies (IFS) funded by the Joseph Rowntree Foundation...
Lifetime mortgage product switches slump by a third in Q1
The rate at which lifetime mortgage customers are switching to better deals collapsed at t...
Millions of retirees don’t have enough emergency savings
Almost half of retirees in Britain don’t have enough money set aside for emergencies, ac...
Non-workers to outnumber workers this year as baby boomers retire
The UK’s non-working population will grow faster this year than its working population f...
Decrease in property wealth among retired Londoners ‘no cause for concern’
London and Scotland have seen a decrease in property wealth among the over 65s market, acc...
Shield downsizing retirees from Stamp Duty bill, says insurer
Retirees selling up to move to a smaller home to release equity should be shielded from pa...
Equity release sector hit record £1.71bn in 2015
The equity release market has grown by 24%, with the total value of property wealth reachi...
Over 65s’ home equity hits £891bn
Older homeowners have seen their property wealth grow by nearly £17.5bn in the past three...
Leeds BS sees ‘opportunity’ in later life lending market
Leeds Building Society is considering the viability of developing mortgage products which ...
LV in ‘advanced’ investor talks for equity release after sales fall 42%
LV is in talks with potential investors to secure new lines of funding for its equity rele...