All Retirement Stories

OneFamily becomes Later Life Academy ambassador

OneFamily becomes Later Life Academy ambassador

The Later Life Academy has announced OneFamily as its latest Ambassador.

22 Jun 2017

Equity release could fund 450,000 FTBs a year: L&G

Equity release could fund 450,000 FTBs a year: L&G

Lifetime mortgages have the potential to help 450,000 people onto the housing ladder every year, according to research from Legal & General.

22 Jun 2017

FCA announces changes to pension transfer advice rules

FCA announces changes to pension transfer advice rules

The FCA has published new proposals on advice relating to pension transfers where consumers have safeguarded benefits, primarily for transfers from DB to DC pension schemes.

21 Jun 2017

Pensioner incomes take 30% tax hit

Pensioner incomes take 30% tax hit

Pensioners handed over an average of £7,400 in tax last year – the equivalent of nearly 30% of their annual income, according to Prudential research.

21 Jun 2017

Retirees on course for £26,000 tax-free lump sum

Retirees on course for £26,000 tax-free lump sum

54% of working age people plan to take up to 25% of their pension as a tax-free lump sum at retirement, according to research from Aegon.

20 Jun 2017

£127bn added to retiree property wealth despite market slowdown

£127bn added to retiree property wealth despite market slowdown

Retired homeowners each earned more than £2,400 a month from their houses in the past year, as total property wealth rises to £1.054 trillion, according to data from Key Retirement.

20 Jun 2017

Standard Life set to merge with Scottish Widows

Standard Life set to merge with Scottish Widows

Scottish Widows is reportedly planning to merge with rival provider Standard Life.

19 Jun 2017

LV= launches instant decision pre-underwriting tool

shutterstock_110240975.jpg

LV= launches instant decision pre-underwriting tool

LV= has launched a pre-underwriting tool, in partnership with UnderwriteMe, enabling advisers to check instantly whether a specific illness or condition will result in standard rates, increase premiums, or lead to an exclusion being added to the policy.

16 Jun 2017

Equity Release Club launches rewards scheme

Equity Release Club launches rewards scheme

Equity Release Club has announced a new member benefit to mark its 10-year anniversary.

16 Jun 2017

The upside-down world of retirement

The upside-down world of retirement

Nita is 30 years old and plans to retire in 35 years time. Joe is 35 years older (65) and plans to retire next week. If you compare their futures however you will see that the issues they need to address are almost a mirror image of each other.

14 Jun 2017

 

Key Partnerships appoints new BDMs for the North and South

Key Partnerships appoints new BDMs for the North and South

Key Partnerships has appointed two new business development managers to cover the North and South.

14 Jun 2017

One in five considering downsizing turn to lifetime mortgages

One in five considering downsizing turn to lifetime mortgages

Nearly one in five would-be downsizers decided instead to release property wealth through equity release, according to Bower Retirement research.

14 Jun 2017

60% of advisers caught out by SIPP charges

60% of advisers caught out by SIPP charges

Six in 10 specialist retirement advisers admit to being caught out by unexpected SIPP charges from providers, according to research from Momentum Pensions.

13 Jun 2017

David Gauke appointed Work and Pensions Secretary

David Gauke appointed Work and Pensions Secretary

David Gauke has been appointed as Secretary of State for Work and Pensions as part of the cabinet reshuffle.

12 Jun 2017

Minority govt to 'kick pension reforms into long grass': Webb

Minority govt to 'kick pension reforms into long grass': Webb

Steve Webb, former Pensions Minister and Director of Policy at Royal London, has warned of the implications of the General Election for policy on pensions and social care, saying that a minority government "will struggle to pass any major reforming legislation".

09 Jun 2017

What will a hung parliament mean for pensions and savings policy?

What will a hung parliament mean for pensions and savings policy?

Hargreaves Lansdown predicts that even if the Conservatives manage to form the next government, there will be changes in the Treasury and DWP following Simon Kirby and Jane Ellison losing their seats.

09 Jun 2017

IRESS enhances annuity service to comply with new FCA rules

IRESS enhances annuity service to comply with new FCA rules

IRESS is enhancing its portal's annuity quotation services to help the industry comply with new FCA rules which will mandate annuity providers to inform their customers how much they could gain from shopping around before they purchase an annuity.

05 Jun 2017

Positive Lending launches Shawbrook's 55 Plus product

Positive Lending launches Shawbrook's 55 Plus product

Positive Lending has added Shawbrook’s 55 Plus interest-only mortgage product to its packaging proposition.

02 Jun 2017

Bank of Mum and dad sparking equity release growth

Bank of Mum and dad sparking equity release growth

An increasing reliance on the bank of Mum and Dad is sparking growth in the equity release market, according to Age Partnership research.

02 Jun 2017

Equity release qualification - cutting corners or a sensible option?

Equity release qualification - cutting corners or a sensible option?

The Financial Conduct Authority’s decision not to introduce a standalone equity release qualification has apparently divided the market.

30 May 2017

Retiring at 70 can boost pension income by two-thirds: Aegon

Retiring at 70 can boost pension income by two-thirds: Aegon

People considering retiring could add around £46,388 to their pension savings if they delay taking their pension by five years, according to new research from Aegon.

30 May 2017

Social care could change retirement forever

Social care could change retirement forever

We all understand that the elderly population is growing at a great rate. Every government has known this for decades, but few have tried to tackle the causes and effects in any direct way. The reason for this tentative approach is probably down to short-termism – what government is going to risk going after the biggest and most influential voting group in the country when they need to be re-elected five years later? Well, now we know. One that feels so secure in its lead that they can make bold moves without any real fear of defeat.

29 May 2017

FCA reveals final annuity comparison rules for intermediaries

FCA reveals final annuity comparison rules for intermediaries

The FCA has today set out its final rules which require firms to inform consumers how much they could gain from shopping around and switching provider, before they buy an annuity.

26 May 2017

Will the housing market get a boost from new retirees?

Will the housing market get a boost from new retirees?

Research from Retirement Advantage suggests the UK’s property market may receive a welcome boost from retirees moving house in a bid to bolster their income in retirement.

26 May 2017

more 2 life urges advisers to think outside the box in new campaign

more 2 life urges advisers to think outside the box in new campaign

more 2 life has today launched a campaign urging advisers to see ‘The Bigger Picture’ when communicating with their clients.

26 May 2017

Added extras or part of the service offering?

Added extras or part of the service offering?

Two articles recently caught my attention. The first commented upon the commission mortgage advisers could be missing out on due to their not reviewing the adequacy of their clients’ home insurance. The second was a report on the Equity Release Council’s white paper, ‘Equity Release Rebooted: The Future of Housing Equity as Retirement Income’, in which it was stated that some equity release advisers need to refresh their soft skills.

25 May 2017

Industry split on Tory plans to fund care with housing equity

shutterstock_151145456.jpg

Industry split on Tory plans to fund care with housing equity

The Conservative manifesto, released today, proposes that those with more than £100,000 in assets will have to pay for their own elderly care out of the value of their homes.

18 May 2017

Advisers forecast boom in inheritance tax advice

Advisers forecast boom in inheritance tax advice

Financial advisers are forecasting a boom in demand for inheritance tax advice and looking to strengthen business partnerships with lawyers to help them cope, according to research from Prudential.

18 May 2017

Our Next Event

Buy-to-Let Roadshow July 2017

Buy-to-Let Roadshow July 2017

Newcastle - 18/07/2017

Bolton - 19/07/2017

Derby - 20/07/2017

Reading - 21/07/2017

Register now

Latest Money Careers

Popular this week

Specialist Lending Roadshow June 2017

20th-23rd June

4 days
7 specialists
4 locations
Free to attend

Click here to register now