Archive for December, 2009

Energy Bill Rises Will Lead to Fuel Poverty for Pensioners

A new Which? report has suggested that energy bills for poorly insulated homes could rise by 35% by 2020.

Combine this with the recent announcement that some 50% will be shaved off the Government’s Warm Front grants which are offered to pensioners and those on benefits to help them insulate their homes and modernise their  heating systems, and surely it’s a recipe for disaster? (more…)

Warm Front Cuts Send Chill through Retired Population

The budget for the Warm Front scheme which offers grants for home energy efficiency upgrades is set to be slashed by almost 50% from £369 million to £195 million over the next two years and waiting times for the grants will increase from the current 50 days to six months. (more…)

Equity Release Makes Moving Possible for the Retired

Retired homeowners who have been dreaming of moving home but face the difficulty of financing that move are being offered a solution; and that comes in the form of Equity Release. (more…)

Pre-Budget Report: Festive Cheer or a Tale of Woe for Pensioners?

Has the pre-budget report brought festive cheer for pensioners, or has it done little to make a difference to the recession-hit retired population? Organisations such as Age Concern, Help the Aged and the National Pensioners’ Convention think the Chancellor is giving with one hand and taking with the other. (more…)

Bower Retirement Services helps local Community Groups with Retirement Planning

Local community retirement groups and Residents Associations have recently been enjoying informative talks from independent financial advisers Bower Retirement Services.

The talks, given by Managing Director Geoff Charles, are based around the subject of finances in retirement and focus on getting as much as possible out of those years that everyone looks forward to by maximising the amount of money available to spend. (more…)