Andrea Roberts, national account manager for the North at Hodge, explores changing later life demographics and why the retirement interest-only mortgage is seeing a rise in...

14% are now using the funds to consolidate debts.

There is currently a gap of around £25 per week between the average DC pension income of men and women.

The regulator says the flawed process risked people receiving unsuitable advice to transfer out of defined benefit pension schemes.

RIO mortgage customers using funds for family gifts has halved in 2023.

28% of homeowners surveyed would consider a lifetime mortgage.

The calculator covers retirement interest-only, standard interest-only, capital & repayment and lifetime mortgages.

With UK mortgage affordability at its weakest levels since 2008, the enhanced criteria could have a big impact for mature borrowers.

Advisers can refer clients to the Age Partnership’s Pension Income Service, while they earn additional revenue.

39% of advisers believe that more detailed vulnerability training will be beneficial for the industry.