David Lownds, head of products and marketing at Hanley Economic Building Society, explores why retirement interest-only mortgages can provide an important option for older generations...

The FCA said it has identified additional learning as a result of the complaints investigation.

New discounted rates and remortgage products have been added to the Society's range.

Paying off debts and mortgages has fallen to the lowest recorded level of 21%.

The later life lender has announced two new hires and a promotion.

43,000 claims have been made relating to pension products provided by financial providers and advisers that had gone out of business.

The later life lender says that the new higher LTV options are designed to help advisers secure better and more affordable long-term outcomes for borrowers.

The online platform can be used by advisers to meet regulatory expectations relating to Consumer Duty and vulnerability.

The Council has partnered with Fairer Finance to launch the new handbook for advisers.

The changes include filtered search terms, updated results pages, and a borrowing forecast tool.