Why are more retirees using Equity Release?

Some retirees are finding themselves asset rich but cash poor, impacting the lifestyle achieved. It’s a trend that’s led to an increasing number of people using Equity Release products to unlock wealth currently locked away in property. If you’re looking for ways to boost your retirement income, Equity Release could be an option that helps improve your overall lifestyle and financial security. Equity Release is the term for a range of...

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Retirees have care preferences, but only a fifth plan financially

The care we may need later in life isn’t something we often think about. But when prompted, most of those over the age of 55 have a clear idea about their preferences. Yet, a lack of financial planning could mean that those preferences aren’t possible. Research conducted by Key unsurprisingly found that the majority (77%) of over-55s would prefer to receive care in their own home, either in their current home (57%) or in one deemed more...

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