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Equity Release News

SPECIAL FEATURE: Debunking equity release myths

Stuart Wilson, marketing director at more 2 life, breaks the cycle of myths surrounding equity release.

Enhanced equity release undersold

More 2 life has urged advisers to make sure clients fully disclose details about their health before making a product recommendation to ensure they get the optimal financial outcome.

Pensioners mistaken over equity release

Nearly a fifth of pensioners incorrectly think they will pass on debt by using equity release while nearly a quarter mistakenly believe their equity release borrowing could exceed the value of their property, research from LV= has found.

Half a million to use pension to repay mortgage

Just over half a million people in the UK intend to use all or part of their pension to help repay their mortgage balance, reveals new research from specialist insurer Partnership.

SPECIAL FEATURE: The path to a good life

Stuart Wilson, marketing director at more 2 life, says more people will come to realise that their home can provide a significant boost to their retirement finances.

more 2 life enhances choice

more 2 life is expanding choice and flexibility for equity release customers and advisers with the Tailored Choice Plan providing personalised plans and rates.

Home should be part of retirement mix

Three quarters of advisers think that more retirees should consider their property as part of their asset mix when looking at funding their retirement.

Pure cuts drawdown rates

Pure Retirement has reduced the interest rate on the ‘Pure Drawdown Plan’ has been reduced by 0.43% to 6.59% monthly (6.79% annual).

PFS 2014: Advisers urged to offer equity release

Advisers have been told that offering equity release is a no brainer by a panel of industry leaders at the Personal Finance Society National Conference.

StepChange links up with Magellan

StepChange Financial Solutions has been appointed by Magellan Homeloans to advise clients about its specialist range of credit repair mortgages.

Key Retirement rebrands

Key Retirement Solutions is rebranding as Key Retirement with two distribution divisions focusing on retirement lending and wealth and retirement options.