.... A prototype of the tool is set to launch next year and should mean fewer people lose track of pension pots. Its hoped the dashboard will also help drive engagement with savings and help people make better financial decisions regarding their retire
[Read full article on Daily Express
Sunday 17th of September 2017 04:26:00 PM
.... But now the Financial Conduct Authority (FCA) is talking about reviving them to help older borrowers. In a consultation paper this month, the FCA says the “retire
ment interest-only mortgages” it is proposing could help two categories of older people: those with a maturing interest-only mortgage but no repayment vehicle, and those interested in equity release but turned off by the way the interest on a lifetime mortgage rolls up. ...
[Read full article on Guardian
Saturday 16th of September 2017 06:00:04 AM