All Retirement Stories

Retirement age BTL investors urged to be cautious

Retirement age BTL investors urged to be cautious

Would-be ‘pension pot’ landlords are being urged to seek advice before committing pension funds to property.

22 Sep 2017

Pure Retirement introduce portal for lifetime mortgage advisers

Pure Retirement introduce portal for lifetime mortgage advisers

Pure Retirement have launched a new broker portal which is now live for use, including facilities for online applications, case tracking, an educational learning zone and access to bespoke marketing support.

22 Sep 2017

Finance industry not meeting needs of older people, warns FCA

Finance industry not meeting needs of older people, warns FCA

There is "scope for financial services firms to do more" to support older people, an FCA paper has argued.

21 Sep 2017

50% more equity released from homes over past quarter

50% more equity released from homes over past quarter

Homeowners have released 50% more equity from their homes over the past three months, according to Responsible Equity Release figures.

20 Sep 2017

Retirement Advantage launches fee-free cashback equity release product

Retirement Advantage launches fee-free cashback equity release product

Retirement Advantage has introduced a cashback version of its Lifestyle Platinum equity release product, meaning borrowers are eligible to receive a lump sum of 3% of the value of their initial loan.

20 Sep 2017

more 2 life lowers Capital Choice Plan entry age to 55

more 2 life lowers Capital Choice Plan entry age to 55

more 2 life has lowered the entry age requirement for its Capital Choice Plan from 60 to 55.

19 Sep 2017

Advisers urge FCA to clarify DB transfer rules

Advisers urge FCA to clarify DB transfer rules

More than half (53%) of UK financial advisers see advice on DB to DC transfers as a key area for growth over the next two years, but are concerned over a lack of clarity around what the regulator sees as best practice on transfer advice, according to Aegon research.

19 Sep 2017

Momentum Pensions partners with Vanguard, LV= and TAM

Momentum Pensions partners with Vanguard, LV= and TAM

Pension specialist and SIPP provider, Momentum Pensions, has expanded the investment choices available to advisers and their clients with the addition of passive, ethical and Sharia options as well now being able to offer a guaranteed income investment.

19 Sep 2017

Key Retirement promotes new CEO to lead advice arm expansion

Key Retirement promotes new CEO to lead advice arm expansion

Key Retirement has promoted Will Hale to CEO as part of a new recruitment drive to take total equity release adviser numbers to over 200 in 2018.

19 Sep 2017

AIR Sourcing joins Equity Release Council

AIR Sourcing joins Equity Release Council

AIR Sourcing has been accepted as a member of the Equity Release Council.

18 Sep 2017

 

Nicky Morgan warns of post-Brexit 'cliff edge' for expat pensions

Nicky Morgan warns of post-Brexit 'cliff edge' for expat pensions

Nicky Morgan MP, Chair of the Treasury Committee, has written to Philip Hammond about the treatment of cross-border pensions and insurance contracts written prior to Brexit.

18 Sep 2017

Bank of Mum and Dad most lenient lender as majority write off loans

Bank of Mum and Dad most lenient lender as majority write off loans

The Bank of Mum and Dad is potentially the UK’s most lenient lender as its relaxed approach means it ends up writing off huge numbers of loans each year, according to Prudential research.

15 Sep 2017

92% unaware of Pensions Dashboard

92% unaware of Pensions Dashboard

92% of people have not heard of the Government-backed Pensions Dashboard, and over a quarter wrongly think it will provide them with financial advice, according to YouGov research commissioned by evestor.

15 Sep 2017

FCA refers pension consultants to CMA in landmark decison

FCA refers pension consultants to CMA in landmark decison

The FCA has recommended that the Competition and Markets Authority launch an investigation into investment consultanty services after raising "serious concerns" about whether trustees are getting good quality advice.

14 Sep 2017

HMRC given new powers to combat pension scams

HMRC given new powers to combat pension scams

HMRC has been given new powers to refuse to register and to de-register pension schemes.

14 Sep 2017

Advisers 'riding a wave of opportunity in 2017': Aegon

Advisers 'riding a wave of opportunity in 2017': Aegon

Financial advisers "are riding a wave of opportunity in 2017", with three quarters expecting an increase in clients over the next 12 months, according to a report from Aegon.

13 Sep 2017

Equity release products triple since 2007

Equity release products triple since 2007

The number of product options offered by members of The Equity Release Council grew by 34% in the year to August 2017, taking the number of product options available to 78.

13 Sep 2017

Pension pot withdrawals drop 8% as annuity sales plummet: FCA

Pension pot withdrawals drop 8% as annuity sales plummet: FCA

The FCA has recorded an 8% fall in the overall number of pension pots accessed between October 2016 and March 2017 compared to the previous six month period.

08 Sep 2017

Hargreaves Lansdown to join Association of British Insurers

Hargreaves Lansdown to join Association of British Insurers

Hargreaves Lansdown has announced today that it is joining the Association of British Insurers.

08 Sep 2017

Finance Bill confirms reduction of MPAA to £4,000

Finance Bill confirms reduction of MPAA to £4,000

The Government has published its second Finance Bill of 2017, which confirms the reduction of the Money Purchase Annual Allowance from £10,000 to £4,000.

08 Sep 2017

Nearly half of over-55s plan to downsize

Nearly half of over-55s plan to downsize

More than 3.9 million over-55s plan to downsize to a cheaper property, but it is convenience rather than the cash that is their biggest motivation, according to research from Prudential.

08 Sep 2017

FCA plans to reintroduce retirement interest-only mortgages

FCA plans to reintroduce retirement interest-only mortgages

An FCA consultation paper has set out plans to reintroduce retirement interest-only mortgages, which were redefined as lifetime mortgages after the implementation of MCD.

06 Sep 2017

Momentum 'interested in acquiring SIPP providers'

Momentum 'interested in acquiring SIPP providers'

Momentum Pensions, the pension specialist and SIPP provider, says is considering "strategic acquisitions of SIPP rivals".

05 Sep 2017

Falling equity release costs save customers up to £70,000

Falling equity release costs save customers up to £70,000

Equity release customers are saving up to, or in excess of, £70,000 as increased competition drives record growth in the market, Key Retirement says.

01 Sep 2017

Former Aldermore Sales Manager joins more 2 life

Former Aldermore Sales Manager joins more 2 life

more 2 life has appointed Catherine Casey as Sales Manager.

31 Aug 2017

Buy-to-let equity release: no longer the ‘product of last resort’

Buy-to-let equity release: no longer the ‘product of last resort’

In the world of personal finance there’s always an ongoing debate about the merits (or otherwise) of equity release and whether there are other options more appropriate for the needs of consumers. You’ll be familiar with the term ‘product of last resort’ as I believe the FSA once dubbed equity release however I think it’s fair to say we’ve moved on significantly since then. Certainly the market has shifted as have the products that are now available, including those that allow the borrower to drawdown plus pay some or all of the interest.

30 Aug 2017

more 2 life surpasses £1bn of lending

more 2 life surpasses £1bn of lending

Equity release lender, more 2 life, has announced that it has surpassed £1bn of lending.

29 Aug 2017

Consumers trust pensions less than banks

Consumers trust pensions less than banks

Less than a quarter of consumers, 23%, said they trusted long-term financial products, such as pensions.

25 Aug 2017

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2017

20th - 28th September

4 days
7 specialists
4 locations
Free to attend

Click here to register now