Later Life

AIR Sourcing partners with PTFS

AIR Sourcing has embarked upon a new relationship with Personal Touch Financial Services (PTFS). The...

Downsizers overestimating cash raised

Older homeowners have unrealistic expectations about how much money they will raise from downsizing...

Two-thirds of advisers back equity release qualification plan

67% of advisers are supportive of the FCA’s plans to introduce a new standalone...

Equity release market predicted to hit £5bn by 2020

The equity release market will “comfortably be a £5bn market by 2020,” brokers Financial Services...

TML partners with John Charcol

The Mortgage Lender (TML) has announced a new partnership with John Charcol. The addition of...

Record equity release lending figures

The total value of equity release lending grew by 26% year-on-year to a new...

Spending declines by half between early and later retirement

Latest analysis of income and average expenditure statistics by Aegon has found that spending...

Scottish Widows announces fund refresh

Scottish Widows has made a number of changes to its fund range as part of its ‘Driving...

Savers increasingly tempted by non-guaranteed options

31% of retirement savers would consider transferring their guaranteed final salary pension benefits into cash...

Openwork reaches £8bn in lending

Openwork has reported over £8bn in mortgage completions up to the end of the...

‘Retirement reality check’ for younger workers

UK workers plan to give up work before they turn 62. However, they could...

Royal London backs cold-calling ban

A petition calling for a ban on cold-calling to sell pensions and investments has...

Prudential offers full service access via British Sign Language

Prudential has become the first UK retirement product provider to introduce a web-based video...

‘Tug of war’ over family finances

SunLife’s latest Cash Happy report has found that parents and children are banking on financial...

COMMENT

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Your clients aren’t being stolen… they’re being handed over

Let's be honest about something the industry won't say out loud. Lenders going direct aren't the problem. Brokers are. Every year the same conversation happens....

Latest news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

PROFILES