Ashall Glover Financial Services Equity Release News - http://www.agequityrelease.com http://www.ashallgloverfinancialservices.co.uk/ en Thu, 29 Mar 2012 11:09:00 +0000 Contao Open Source CMS Education workers may turn to equity release schemes when they retire, as 62 per cent believe changes to public sector pensions will leave them with a smaller sum than originally expected.  A survey conducted by MoneyVista revealed 37 per cent of individuals in this career field do not...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/education-workers-lack-knowledge-of-pension-changes-1333019340.html Thu, 29 Mar 2012 11:09:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/education-workers-lack-knowledge-of-pension-changes-1333019340.html Property owners planning to take advantage of equity release schemes in order to fund renovations in their home may be interested to hear about the latest interior trends.  Deputy editor of Ideal Home Magazine Bernie Herligy described how using black to highlight white walls and features...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/black-accent-features-a-popular-interior-trend-for-2012-1332932760.html Wed, 28 Mar 2012 11:06:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/black-accent-features-a-popular-interior-trend-for-2012-1332932760.html An increasing number of Brits may have to turn to financial solutions such as equity release in the future as research has shown many people overlook the importance of a pension.  According to a study conducted by Skipton Financial Services, after paying for essentials, individuals are...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/pensions-take-a-backseat-to-treats-research-finds-1332846120.html Tue, 27 Mar 2012 11:02:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/pensions-take-a-backseat-to-treats-research-finds-1332846120.html Drawing up a financial statement is one of the first things people looking to tackle unmanageable debts should do, according to one expert.  Managing director of the Debt Advice Foundation David Rodger explained how making a detailed list of monthly income and expenditure can help...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/financial-statements-can-help-people-tackle-debts-1332760980.html Mon, 26 Mar 2012 11:23:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/financial-statements-can-help-people-tackle-debts-1332760980.html Freezing the age-related allowance is an "unfair blow" to older individuals, the director general of the equity release industry's trade body has claimed.  Responding to Wednesday's (March 21st) Budget announcement from chancellor George Osborne, Andrea Rozario of Safe...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/age-allowance-freeze-unfair-1332500940.html Fri, 23 Mar 2012 11:09:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/age-allowance-freeze-unfair-1332500940.html Government plans to remove age-related tax allowances for pensioners have been criticised.  The move, announced by chancellor George Osborne in the Budget yesterday (March 21st), will result in 4.4 million pensioners seeing their incomes fall by an average of £84 when their personal...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-budget-pensioner-tax-criticised-1332415080.html Thu, 22 Mar 2012 11:18:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-budget-pensioner-tax-criticised-1332415080.html The majority of Britons are changing their lifestyles in response to shrinking disposable incomes, with own brand supermarket goods proving popular among those looking to cut back.  This is according to new research from MoneySupermarket, which revealed 80 per cent of people who...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-brits-making-lifestyle-changes-to-cut-costs-1332328080.html Wed, 21 Mar 2012 11:08:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-brits-making-lifestyle-changes-to-cut-costs-1332328080.html The majority of Britons expect the upcoming Budget to have a negative effect on their finances, new research from uSwitch.com has revealed.  Chancellor George Osborne is due to reveal the Budget tomorrow (March 21st) and 66 per cent of respondents to a survey conducted by the price...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-ease-budget-concerns-1332241920.html Tue, 20 Mar 2012 11:12:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-ease-budget-concerns-1332241920.html Equity release can play a crucial role in funding long-term care for ageing individuals, the head of the Financial Conduct Authority has suggested.  Speaking at a recent Age UK conference, Martin Wheatley said it is an option to consider, as many people no longer plan to leave their home...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-can-fund-elderly-care-1332156840.html Mon, 19 Mar 2012 11:34:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-can-fund-elderly-care-1332156840.html Equity release is currently enjoying a "historic moment of opportunity", the new chairman of the industry's trade body has claimed.  Nigel Waterson has been appointed to the position at Safe Home Income Plans (Ship) as part of the ongoing restructuring of the body and said...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-industry-enjoying-moment-of-opportunity-1331809680.html Thu, 15 Mar 2012 11:08:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-industry-enjoying-moment-of-opportunity-1331809680.html An increasing number of pensioners may find home equity release schemes help them to pay back some of the debt they have acquired.  According to the Spring Aviva Real Retirement Report, the average amount of money owed to lenders by over-55s is £24,827.  The study looked...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/average-over-55s-debt-increases-24-in-12-months-1331723280.html Wed, 14 Mar 2012 11:08:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/average-over-55s-debt-increases-24-in-12-months-1331723280.html New research has revealed 70 per cent of UK adults have debt problems, with more than one in eight turning to gambling and the lottery to relieve the issue.

A study by the Co-operative Bank found a third of people suffer from the 'Drip syndrome', which means they either deny,...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-70-of-uk-has-debt-problems-1330600020.html Thu, 01 Mar 2012 11:07:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-70-of-uk-has-debt-problems-1330600020.html An increasing number of over 50s are taking time out from their careers or enjoying their retirement by going on adventurous holidays.

According to editor of Adventure Travel Magazine Rosie Fuller, older individuals are keen to explore vacations previously undertaken by younger...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-help-fund-over-50-gap-years-1330514040.html Wed, 29 Feb 2012 11:14:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-help-fund-over-50-gap-years-1330514040.html Pensioners forced to turn to equity release schemes in order to cover the rising cost of bills may be pleased to hear about plans to freeze council tax.

Communities and Local Government secretary Eric Pickles explained how the majority of...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-majority-of-councils-accept-council-tax-freeze-1330428240.html Tue, 28 Feb 2012 11:24:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-majority-of-councils-accept-council-tax-freeze-1330428240.html Paying off debts is becoming a growing problem for UK households, despite overall debt levels dipping.

This is according to the Consumer Credit Counselling Service (CCCS), which warned the rising cost of interest is putting pressure on families' finances.

Director-general of...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-debt-problems-set-to-continue-for-uk-households-1330341360.html Mon, 27 Feb 2012 11:16:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-debt-problems-set-to-continue-for-uk-households-1330341360.html Thousands of Brits may be forced to consider equity release solutions following plans to lower the threshold for earners forced to pay 40 per cent tax.

Research from Fidelity Worldwide Investment found the UK's "squeezed middle"...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/tax-changes-may-lead-to-rise-in-equity-release-interest-1330081440.html Fri, 24 Feb 2012 11:04:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/tax-changes-may-lead-to-rise-in-equity-release-interest-1330081440.html Individuals planning to utilise home income plans in order to fund upgrades to their property may be interested in one expert's comments on the latest design trends.

Tanya Macpherson, assistant...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/home-income-plans-could-help-with-home-renovations-1329994080.html Thu, 23 Feb 2012 10:48:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/home-income-plans-could-help-with-home-renovations-1329994080.html Household spending fell two per cent during the recession and has only made a marginal recovery more than two years after the period ended.

This is according to new data from the Office for National Statistics (ONS), which revealed in the fourth quarter of 2008, the total amount spent by...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-ons-data-reveals-recession-effect-on-household-spending--1329909180.html Wed, 22 Feb 2012 11:13:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-ons-data-reveals-recession-effect-on-household-spending--1329909180.html Specialist knowledge of the market and independent advice are the two main driving factors that help individuals to select an equity release company.

This is according to research from Key Retirement Solutions, which asked 2,000 customers how...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-advisers-chosen-based-on-specialist-knowledge-1329822420.html Tue, 21 Feb 2012 11:07:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-advisers-chosen-based-on-specialist-knowledge-1329822420.html Equity release schemes may help pensioners to fund home improvements such as professional carpet cleaning, which one expert has claimed should be carried out once a year.

Marketing manager at The Woolsafe Organisation Steve Bakker explained how...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-help-fund-home-maintenance-1329736440.html Mon, 20 Feb 2012 11:14:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-help-fund-home-maintenance-1329736440.html Equity release may become increasingly popular in the future, as one expert has claimed long-term savings are often overlooked by the young generation.

Tom McPhail, head of pensions' research at Hargreaves Lansdown, explained how other...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-help-those-who-are-failing-to-save-1329476100.html Fri, 17 Feb 2012 10:55:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-release-help-those-who-are-failing-to-save-1329476100.html Trade Union Congress general secretary Brendan Barber has warned the government needs to acknowledge there is a "job crisis" and take "real action" to boost economic growth.

With the latest figures from the Office for National Statistics (ONS) revealing one in three...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-employment-figures-still-worrying--1329390000.html Thu, 16 Feb 2012 11:00:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-employment-figures-still-worrying--1329390000.html One in ten people are planning to defer their retirement in 2012 with two-thirds of those claiming they feel forced to do so as they cannot afford to stop working.

The Prudential Class of 2012 research shows 68 per cent of Brits nearing pension age feel they need to stay in their job and...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-home-loans-help-people-to-retire-1329303960.html Wed, 15 Feb 2012 11:06:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/could-equity-home-loans-help-people-to-retire-1329303960.html Using equity release to fund home improvements may help individuals to reduce the cost of their insurance premiums.

Personal lines insurance broker at Portwood and Co John Portwood explained how boosting the security of a property is one way to...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-increasing-home-security-could-reduce-insurance-premiums-1329218220.html Tue, 14 Feb 2012 11:17:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-increasing-home-security-could-reduce-insurance-premiums-1329218220.html New research from HSBC has revealed almost half (46 per cent) the population are struggling to boost their savings in the current tough financial climate.

Equity release may be on option for the 23 per cent of individuals that make up the...]]> http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-46-brits-struggling-to-save--1329130560.html Mon, 13 Feb 2012 10:56:00 +0000 http://www.ashallgloverfinancialservices.co.uk/news/items/equity-release-news-46-brits-struggling-to-save--1329130560.html