SHIP wants more from political parties

Published on

Safe Home Income Plans (SHIP), the equity release providers’ trade body, has urged each of the main political parties to go further in their pledges to tackle the issue of how to fund Britain’s ageing population.

In response to the three main parties’ manifestos, SHIP has issued its own three-point plan of action for the future Prime Minister and his government that takes into account education, communication and co-operation.

SHIP considers early financial education to be essential in breaking the cycle of mistakes in the future. It says children should be taught about finance whilst at Secondary School. By teaching them the basics of finance, such as mortgages and the importance and impact of saving for retirement early, everyone should have a sense of responsibility for their financial wellbeing later in life, rather than relying solely upon the state.

Andrea Rozario, director general of SHIP, said: “The earlier children come to understand the importance of saving money

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...

International demand for UK property investment ‘more diverse than expected’

The UK property market is attracting investment from a much broader range of international...

Other news

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...