Inflation is fast approaching a double-digit percentage, almost five times the Bank of England’s 2% target.
Related topic: Later Life
Pure Retirement is offering borrowers who take out a Classic lifetime mortgage the option to receive a free Energy Performance Certificate (EPC) post-completion.
SimplyBiz has appointed HUB Pension Consulting, part of Just Group, to its DB pension transfer referral bureau panel.
Specialist mortgage packager, TFC Homeloans, has added LiveMore to its lender panel.
The equity release market is heading towards £6 billion in new lending this year after a record first half, according to research from Key Later Life Finance.
29% more lifetime mortgages were sold in March than in the same month a year earlier, according to new Freedom of Information data collected by Quilter.
LiveMore is increasing the procuration fee for intermediaries on its long-term fixed rate mortgage range for the 50-90+ age group.
DWP has launched a website for next of kin who believe that a deceased family member was underpaid their state pension.
DWP has published its annual report for 2021/22 which reveals a big surge in underpaid state pension cases and costs, and a new category of errors.
The UK’s over-55s are expected to borrow £22bn more in 2022 than last year, according to new research from more2life and econoics consultancy Cebr.