News

Information and news regarding retirement is constantly changing, as are deals and criteria for retirement offers and financial products and services. In TheRetirementCentre.com news section, we will keep you up to date on all the latest changes that could affect you in retirement.

Equity Release Market Reports Significant Growth

written by Katie Harland, 18th October

Figures released by The Equity Release Council, the industry trade body, have shown that the market has seen its highest quarterly jump in lending since 2004. In just the months to September 14,000 have release equity from their houses to aid their retirement lifestyle.

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Prince Charles Warns the Pensions Industry

written by Katie Harland, 17th October

The Prince of Wales has told the pensions industry to use a longer-term investing approach or risk a “miserable future” for the next generation.

At the National Association of Pension Funds’ (NAPF) conference Prince Charles said that the pension industry concentration on short term investing was “unfit for purpose”.

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Grandparents supporting their Grandchildren by£600m a year

written by Katie Harland, 17th October

A new report “Grandparental Generosity” using data from the English Longitudinal Study on Ageing, is the first of its kind to look at how grandchildren are supported by their grandparents financially both in terms of the levels of support and the frequency of support.

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40% of Retirees Don't Save

written by Katie Harland, 10th October

Research from the Insurer Aviva, in their latest Retirement Report shows some alarming trends amongst those over the age of 55, with £19.7 billion being withdrawn from savings pots.

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Financial Transaction Tax Reduces Pensions

written by Dominic Fraser-Smith, 20th May

A report prepared for the Association for Financial Markets in Europe (AFME) released today, shows that the proposed pan European trading tax would have a disastrous impact on the retirement income of pensioners and reduce their income by 8%.

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