Later Life

OneSavings Bank on track to meet targets

OneSavings Bank, the specialist lending and retail savings group, has reported growth in net...

Nearly £5bn withdrawn since ‘pension freedom’

£4.7bn has been withdrawn under the new pension freedoms since April, according to latest...

Retirement planning at risk from financially mute couples

UK couples are putting their plans for a comfortable retirement at risk by avoiding...

Advisers want interest-only innovation

30% of equity release advisers want product development to focus on interest-only mortgages –...

Largest quarterly rise in equity release lending for 11 years

Equity release lending in the third quarter of the year rose by £68.3m compared...

L&G Mortgage Club unveils lifetime mortgage referral panel

Legal & General Mortgage Club has launched its lifetime mortgage referral panel, which aims...

Lack of joined-up policy making threatening PRS

A new report from the Intermediary Mortgage Lenders Association (IMLA) has warned against discouraging...

BTL will form part of pension strategy for many

Research has highlighted the increase in buy-to-let and equity release supplementing pension incomes. Equiniti’s...

European housing market confidence up by three percentage points

Confidence in European house prices continues to rise, but higher costs are putting a...

Trio of appointments at Bower Retirement Services

Bower Retirement Services has made three senior appointments in what is sees as key growth...

Gifting behind 25% of equity release

Key Retirement has found that retired homeowners with higher property values are twice as...

Major repercussions from late payment proposals

Proposals from the government to penalise insurers who do not pay claims promptly and...

Citizens Advice: view must establish full extent of advice gaps

As HM Treasury and the Financial Conduct Authority invites input into the Financial Advice...

One-third of IFAs planning to retire over next decade

36% of IFAs that own all or part of their firm plans to semi-retire or...

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

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...

National Friendly launches mortgage-linked income protection cover

National Friendly has launched a short-term income protection product designed to cover mortgage payments...

Side hustles helping first-time buyers reach deposit targets sooner

Almost two-thirds of prospective first-time buyers are using additional sources of income to help...

PROFILES