Later Life

L&G removes arrangement fee on majority of lifetime deals

Legal & General has removed the arrangement fee on its flexible and lump sum lifetime...

Retirees paying nearly 30% of income in tax

Retired households paid an average of just over £7,000 each in tax last year,...

New lender secures FCA approval

Mortgages4Life has received full regulatory approval from the Financial Conduct Authority (FCA). The Peterborough-based company...

New senior hires at OneFamily

OneFamily has announced new senior executive and non-executive board member appointments. Teddy Nyahasha has been...

Retirement advisers expect stock market correction

Advisers are focusing on locking in the so-called 'Brexit bounce' for retirement savers amid...

SimplyBiz Mortgages expands equity release panel

SimplyBiz Mortgages has announced the addition of OneFamily to its equity release panel. OneFamily’s range...

ABI: minority withdrawing too much too soon from pension

The Association of British Insurers (ABI) has warned that some people are withdrawing too much...

New lowest rate for More 2 Life

More 2 Life has unveiled its lowest ever lifetime mortgage rate with a new monthly...

MetLife passes major milestone

MetLife has passed the £5 billion assets under management milestone. The UK wealth management...

Profits up at L&G

Legal & General has reported a 23% rise in pre-tax profits for the first...

Retirees increasingly living beyond their means

Retirees are spending on average £8,000 more per year than planned for, according to...

L&G offers 4.44% lifetime mortgage

Legal & General has launched a 4.44% AER Premier Flexible lifetime mortgage. It claims...

​Over 50s plan £50k ‘pension giveaway’

Over 50s are increasingly planning to hold back savings in their pension to pass...

Large rise in women’s expected retirement incomes

Women looking to retire this year expect to have the highest retirement income on record...

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