Later Life

Life & pensions sector to contribute more to FSCS

The Financial Services Compensation Scheme (FSCS) will levy £337m in the financial year 2016/17,...

FCA consults over secondary annuity market

The Financial Conduct Authority (FCA) has published a consultation on its proposed rules and...

Drawdown popularity continues to increase market share

The total value of equity release lending grew by 21% in the first quarter...

The Mortgage Lender reveals product offering

The Mortgage Lender (TML), which is due to launch next month, has outlined aspects...

LLA and ERC members to benefit from new sourcing tool

A new sourcing system for equity release and retirement lending products being launched in...

Pensioner landlords relying on BTL

72% of pensioners who have an investment property said they would struggle to make...

Mike Rogers to stand down as LV= chief exec

Mike Rogers has told the board of LV= that he intends to step down as...

LLA responses to FCA’s ageing population paper

The Later Life Academy (LLA) has submitted its response to the FCA Discussion Paper (DP16-1),...

Over-55s reluctant to move from home city

62% of over-55s are worried about making ends meet in retirement where they live, but...

LV=: make retirees’ downsizing stamp duty exempt

LV= has called for retirees to be made exempt from stamp duty if they...

£400m in pensions used to fund businesses

Since the so-called 'pension freedoms' came into force a year ago, business owners aged...

OneFamily reveals lifetime product details

OneFamily, which earlier this week announced its intention to enter the lifetime mortgage market...

FCA allows affordability waiver for lifetime mortgages

The Financial Conduct Authority (FCA) has decided allow lifetime mortgage lenders to apply for...

Majority of advisers unhappy with retirement solutions

MetLife has found that only one in five advisers are satisfied with the current...

COMMENT

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....

AI is changing banking but trust will define who succeeds

For the past three years, the conversation around artificial intelligence in financial services has been dominated by technology. Every week seems to bring another...

Latest news

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...

Rely cuts buy-to-let rates by up to 25bps

Rely has reduced rates by up to 25 basis points across a range of...

PROFILES