Eiopa: Annuites should be sold on advised basis

12 April 2012

The European Insurance and Occupational Pensions Authority (Eiopa) has released a new report which says annuities should only be sold on an advised basis.

It was noted by the ...

Low income households 'face higher inflation'

11 April 2012

Older people are likely to be finding it hard to balance their finances at the moment after new figures released by the Alliance Trust Economic Research Centre indicated that it is the lowest income h...

The effect of Osborne's 2012 Budget on the over 65s

04 April 2012

The recent Budget saw a surprise change to the age-related personal allowance, which comes into force in April 2013. The biggest of these changes will be the freeze on income tax breaks for the over 6...

Ticking timebomb' of interest-only mortgages

28 March 2012

As the FSA reports on the high number of interest-only mortgages due to come to an end over the coming years, what are the implications ...

MP calls for equity release extension

13 March 2012

Homeowners aged between 55 and 95 may be encouraged to raise money from the value of their homes to pay for their care later in life as a result of a recommendation made by an MP.

According...

Debt advice recommended to struggling older people

05 March 2012

Homeowners aged between 55 and 95 may be able to benefit from taking debt advice if they are finding it hard to pay their bills on a monthly basis.

Options that may need to be...

Average debts of £38,200 for retirees in 2012

17 February 2012

Almost one in five will retire with average debts of £38,200 during 2012...

Poor pension choices 'could delay retirement age'

10 February 2012

Individuals coming up to their planned retirement date may be forced to continue to work as a result of poor pension choices made earlier in life.

This is according to a report for the Nati...

IFS criticises government's public pension reform

02 February 2012

Homeowners may be considering their financial options after a new report by the Institute of Fiscal Studies (IFS) claimed the coalition government's reform of public pensions is not going to save...

Which? investigation reveals equity release advice issues

16 January 2012

An investigation by Which? has uncovered a number of problems relating to the advice given to people considering equity release mortgages to free up cash from t...