According to research commissioned by Barnett Waddingham as part of its ‘The At Retirement Reckoning’ Report, 87% of employees have clear aspirations for...
Related topic: Retirement
Over half of UK adults expect to support their parents financially in their retirement.
Just 30.9% of plan holders are taking advice, despite the fact that the total number of pension plans accessed for the first time surged by 19.7%.
An interest serviced lifetime mortgage rewards customers with an interest rate discount while they make monthly payments on their lifetime mortgage.
The lender has reduced rates by up to 0.30%.
The lender also no longer requires an additional assessment when the applicant reaches the age of 80.
Nearly three out of five over-55s homeowners with mortgages are making major sacrifices to pay off loans by retirement including not saving into their pension.
Kay has held previous roles at Key Group, Lloyds Banking Group, Prudential, and Towergate.
More than three in five (61%) UK homeowners are considering releasing money from their homes in later life to meet their financial needs, according to new findings from the Equity...
HMRC said that retirees "may need to wait until the regulations are in place before taking or transferring certain benefits".