Later Life

Bower Retirement Services strengthens management team

Equity release specialist Bower Retirement Services has appointed Hannah Gray as head of operations. She will...

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...

COMMENT

The industry needs to prepare now for Your First Home

The government’s announcement of the Your First Home scheme is genuinely positive news, and anything that boosts confidence among first-time buyers and people trying...

Why advisers can be part of the conveyancing team

There is a tendency to think the mortgage adviser’s involvement in conveyancing begins with recommending a firm and then largely ends once the client...

Why the AI revolution could be a golden age for financial advice

Every major technological shift creates the same debate: will it empower professionals to do more, or eventually replace them? Artificial intelligence is simply the latest...

Should mortgage advisers consider the emerging secondary market for life policies?

Mortgage advisers regularly help clients navigate major life changes. While much of the focus is naturally on borrowing, refinancing and insurance, there is another...

One mortgage journey no longer fits every borrower

In the mortgage market, we have lots of different ways of describing customers depending on where they are in their lives. We talk about...

Latest news

Net zero rules targeted in housebuilding shake-up

The Conservatives have pledged to strip as much as £50,000 from the cost of...

Tories put stamp duty abolition at heart of housing shake-up

The Conservatives have pledged again to scrap stamp duty as part of a housing...

Target Group adds Carla Stent to board

Target Group has appointed Carla Stent as a non-executive director, adding further financial services,...

Later life lending summit to focus on changing advice needs

Mortgage advisers will be encouraged to consider how longer borrowing lives and increasingly complex...

PROFILES