Archive for January, 2010

One in Five Set to Retire in 2010 with NO Pension Fund

Recent research by Prudential has uncovered that 18% of people set to retire in 2010 will do so without any personal pension.

This year’s retirees could be in for a shock however, as many of those surveyed were unaware of the value of the basic state pension. 31% either did not know what they would get, or overestimated the amount by around £25 per week. (more…)

More than One Million UK Homeowners Set to Release Property Cash to Fund Retirement

Recent research carried out by Liverpool Victoria (LV=) has found that over a million Britons aged 50 plus plan to take advantage of the rising value of their property to help fund their retirement. (more…)

Equity Release Helps Beat the Winter Blues!

Fed up homeowners stranded at home whilst the snow continues to fall will more than likely be dreaming of jetting off to sunnier climes; but with finances being stretched to the limit many have little chance of getting away this winter, or even this year. (more…)

Leading Equity Release Provider uses Bower Retirement Services Case Studies in National Marketing Campaign

Independent equity release specialists Bower Retirement Services are seeing their commitment to exceptional client care and in-depth advice rewarded through being featured in case studies used by leading equity release provider LV=, to promote the benefits of their range of equity release plans. (more…)

State Pension Rise Doesn’t Include SERPS

Perhaps one of the very few almost positive things to come out of the Pre-Budget Report was the April 2010 state pension rise which sees an increase of 2.5% in the rate from £95.25 to £97.65 for a single pensioner and from £152.30 to £156.16 for couples. (more…)