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Equity Release News

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.

Bower Retirement Services to double adviser numbers

National equity release adviser firm Bower Retirement Services is looking to boost its face to face adviser team and support staff and double the number of its advisers to 48.

Ray McCaarthy joins Later Life Academy

Ray McCaarthy has joined The Later Life Academy as national development manager.

Bridgewater outlines four equity release sessions

Bridgewater Equity Release has announced the details of four equity release advice sessions being held from September onwards across England.

Government must look at pensioners finances

Future generations of pensioners face a bleak future unless the government addresses the long term challenges of working age poverty, the International Longevity Centre – UK has warned.

Pure Retirement partners with Phoebus

Pure Retirement has signed with originations and servicing platform Phoebus Equity Release solution on a five year contract.

Yorkshire house prices racing ahead

House prices in Yorkshire have increased by 3% in the last year, 9% in the last decade, research from Age Partnership has revealed.

Enhanced equity release has untapped potential

The enhanced equity release sector – which enables more money to be released for people with health problems - has the potential to grow if advisers are better trained, Stuart Wilson, marketing director at more 2 life, claims.

Industry experts propose Equity Bank

The government should create a state-run Equity Bank to help low income pensioners generate extra income from their property, a report from two City University professors has proposed.

Bridgewater roundtable heads to Peterborough

Bridgewater Equity Release will head to Peterborough next month to hold its latest roundtable workshop for specialist equity release advisers.

Over-65s in safety-proof struggle

Seven out of 10 over-65 homeowners want to stay living in their current property during retirement yet nearly two-thirds (64%) believe they can’t safely without modifying their homes, research from the Equity Release Council has revealed.