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. The Government recently raised the official retirement age to 68 for people in their thirties and forties. ... [Read full article on Daily Express ]
Tuesday 15th of August 2017 04:00:00 PM
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Latest Finance News related to Retirement Age

Corbyn vows 'flexible' state pension age but won't reveal funding for £20BILLION reforms  image
. The Government recently raised the official retirement age to 68 for people in their thirties and forties. ...
State pension CHAOS: Savers fearing poverty and many don't even KNOW when they can retire image
....Experts say changes to the state pension age are creating confusion over people's financial futures. The official retirement age was recently raised for Britons currently in their thirties and forties. ...
The growing gulf in life expectancy shows how austerity has deepened inequalities image
.... In Newcastle upon Tyne, adults living near the airport can hope to remain free of disease and disability – to enjoy healthy life – until just before they turn 75. But a few miles east in Byker that enviable period typically ends before the official retirement age, at just 63. ...
'Pensioners have NEVER had it so good' Retiree income better than workers' earnings image
.... The average weekly salary for workers in Britain currently sits at a typical £473 before tax. The figures show people now at retirement age have reaped the benefits of gold-plated pensions and the triple-lock on state pensions, according to experts. ...
State pension changes will cost 7 million people £10,000 each image
Source : Guardian [Read Article] Sunday 23rd of July 2017 11:01:20 PM
....The change implements the findings of a review by the former CBI director general John Cridland, which found increases in pension age should be accelerated to prevent the costs of the state pension becoming unsustainable. Labour had committed in its manifesto that the party would not implement the Cridland review proposals, but would consult again on varying retirement ages. ...
Your state pension in Dorset: £124,000. In Glasgow? £38,000 | Patrick Collinson image
....6 years. The new retirement age of 68 means our typical Glaswegian male will pick up a state pension for only four to five years, pocketing just £38,000 in total. ...
Jeremy Corbyn could rip away YOUR state pension: Labour set to 'means-test' key benefit image
....Another suggestion could be to allow people to retire after they have built up a certain number of year of national insurance contributions. Mr Selby also warned he expected the state retirement age to rise even further in the future, hitting 70 or over. ...
State pension benefits rich and UNFAIR on ill or manual workers, says ex-pension minister image
. People who paid years of national insurance contributions but don't live until or long after retirement age unfairly miss out on income under the current system, blasted the pension expert. ...
State pension age rises: Will changes affect you? Everything you need to know image
Source : Daily Express [Read Article] Wednesday 19th of July 2017 02:42:00 PM
. The official retirement age will rise to 68-years-old by 2039, seven years earlier than previously planned, as part of plans outlined by the new Secretary of State for Work and Pensions David Gauke. ...
Forced to work until you are 68! State pension age rise brought forward SEVEN years image
. The official retirement age is now due to rise to 68 by 2039, impacting around 7million people in their thirties and fourties, the new Secretary of State for Work and Pensions David Gauke revealed. ...
State pension age to increase seven years earlier than planned image
Source : Guardian [Read Article] Wednesday 19th of July 2017 01:44:22 PM
....However, Labour and charities were quick to condemn the plans, with the shadow work and pensions secretary, Debbie Abrahams, describing them as “anything but fair”, and arguing that many pensioners faced a “toxic cocktail” of ill-health long before they reached 68. Labour said in its manifesto it would not implement the Cridland proposals, and would instead consult on varying retirement ages. ...
Retirement age MUST rise or young families pay the price, pension committee head warns image
....5 per cent year. The growing cost of retirement payouts will have to be paid by either pushing back the official retirement age, or through lowering the welfare of working age people, according to the politician whose reappointment as chair of the pensions committee was confirmed this week. ...
PENSION WARNING: Savers accessing pots early falling into ‘disastrous’ tax trap image
....“Trust in pensions is a major issue and the regulator and the savings industry must do more to understand why some members of the public are fearful of pensions. "Kate Smith, head of pensions at Aegon added: “The FCA’s figures suggest we’re seeing the majority of small pots accessed well before traditional retirement age with around two fifths of people either paying down debts or spending the money, with half saving or investing it. ...
'Shame on you!' Campaigners ERUPT as minister tells women hit by pension delay to RETRAIN image
....The pension minister's comments sparked outrage during a House of Commons debate, in which Tory backbenchers joined calls for the Government to help millions of women who say they have been "robbed" of retirement income. Mr Opperman said there would not be any reversal of the policy to push back the official retirement age for women born after April 1953. ...
State pension age to rise SOONER than expected: Minister warns ‘big decisions’ looming image
....Reading between the lines, industry experts said the minister may be preparing Britons for faster rises in the state pension age. The overall retirement age is then due to rise to 67 by 2028 and 68 by 2046. ...
State pension BOMBSHELL: Payments 'to be MEANS-TESTED to stop crisis' image
Source : Daily Express [Read Article] Tuesday 27th of June 2017 11:34:00 AM
....The report by the University of Kent suggests state pension payments should be limited for pensioners paying higher-rate tax from as early as 2019, as a way of cutting the ballooning cost of pension benefits. Under the current rules, the state pension can be claimed by all, irrespective of wealth with access to the payments being given when the person reaches retirement age and provided they have a record of national insurance contributions. ...
Pensions triple lock: What is the triple lock and will Theresa May get rid of it? image
....What is the alternative?. There are currently plans to raise the state pension age to 67 for those born after March 1961 and 68 for those born after March 1977, with proposals to raise the retirement age to 70 by as early as 2057. ...
Britain looks set for a politically hot summer but what is the future for your finances? image
....It also expressed support for Women Against State Pension Inequality (WASPI), a campaign group seeking protection against state pension age hikes for women born in the 1950s. Tory plans to continue increasing the state retirement age beyond 66 in line with rising life expectancy may also be delayed. ...
Election 2017: Hung parliament WORST possible outcome for pensions, say experts image
...."We will now have a period of limbo while a new Government is formed and we may well be heading back to the polls later this year. “It means that key decisions around the state retirement age, the state pension triple lock, social care funding and pension tax relief are all going to take a back seat while the wheels of Westminster slowly turn. ...
Job opportunities should not wither as we age | Katie Allen image
Source : Guardian [Read Article] Sunday 4th of June 2017 01:06:00 PM
.... No sooner had Theresa May raised the idea of people paying more for the costs of social care – branded a “dementia tax” – than she performed a U-turn. The focus on the costs of an ageing society continued in a recent warning from the World Economic Forum that the retirement age in Britain and other leading developed countries would need to rise to 70 by the middle of the century to head off a pension crisis. ...
Hoover pension deal agreed affecting 7,500 members image
Source : BBC [Read Article] Friday 2nd of June 2017 11:50:35 AM
....Up to 4,000 people in Wales could be affected. Those still under retirement age could receive an immediate 10% cut in their pension pot. ...
Brazil emerges from recession as GDP grows 1% image
Source : BBC [Read Article] Thursday 1st of June 2017 01:32:47 PM
....The president wants to push austerity reforms through Congress to restore fiscal discipline but his plans have been met with street protests. There has been particularly strong opposition to his proposal to overhaul the pension system and raise the retirement age to 62 for women and 65 for men. ...
Reality Check: The fight over women's state pensions image
Source : BBC [Read Article] Monday 29th of May 2017 02:29:06 PM
.... They had been expecting to retire at 60, but discovered that they would have to wait years longer. They complained they had not been given time to adjust to the new retirement age and also that the changes in 2011 and 1995 had not been clearly communicated. ...
REVEALED: Trick to boost state pension in loophole that could soon be closed - ex-minister image
....55 a week in the current tax-year, should be looking to take advantage, the former MP said. Even though people have six years after reaching state retirement age to top up their pensions - there are no guarantees it will still be in place. ...
Call to raise retirement age to at least 70 image
Source : BBC [Read Article] Friday 26th of May 2017 12:02:45 PM
. The retirement age should rise to at least 70 in rich countries by 2050 as life expectancy rises above 100, according to a new report. ...
Don't want to work until you are 70? You will have to, says WEF image
Source : Guardian [Read Article] Friday 26th of May 2017 06:07:32 AM
. The retirement age in Britain and other leading developed countries will need to rise to 70 by the middle of the century to head off the biggest pension crisis in history, according to the World Economic Forum. ...
How can Macron unite Europe? He could start with its armies | Hans-Werner Sinn image
.... The country has an unemployment rate of nearly 10% and its manufacturing sector is 12% below the level before the 2008 global financial crisis. Macron has indicated that he does not want to increase the retirement age, change the 35-hour working week or make it easier for companies to dismiss workers. ...
Forget Brexit, the real challenge is creating enough wealth for an ageing population image
.... Over the next five years, the population of the UK is expected to rise by 3%, but there will be a 9% increase in the number of people over 65 and a 15% increase in those over 85. More old people means higher pension costs despite the increase in the official retirement age and higher health costs, because the average 90-year-old costs eight times as much to treat each year as the average 30-year-old. ...
Brazil's stock market plunges after corruption claims image
Source : BBC [Read Article] Thursday 18th of May 2017 04:31:38 PM
....8% down at 61,575 points. Mr Temer is trying to get pension reforms through Congress that would mean men would have a minimum retirement age of 65, and women 62, and most people would contribute more. ...
Rock bottom interest rates destroy pension pots as £10m forced to delay retirement past 65 image
.... . Almost three quarters expect to work past the traditional retirement age of 65, while more than a third expect to carry on beyond 70, according to new research from Canada Life Group Insurance. ...
Macronomics image
Source : BBC [Read Article] Monday 8th of May 2017 07:46:22 AM
....However, he also wants to make unemployment benefits available to groups currently not eligible, including the self-employed, entrepreneurs and farmers. And while other European countries look to force people to work longer before being entitled to state pensions, France's official retirement age of 62 will be unchanged. ...
Poorest face ‘double whammy’ if Tories ditch triple lock on pensions image
....5%. Chris Noon, a partner at leading pensions consultancy Hymans Robertson, said linking increases to earnings growth or inflation would, over time, erode the value of the pension and push larger numbers of people into poverty on reaching retirement age. ...
Pensioners’ election REBELLION: Demands for May to look at pension issue for UK's 5MILLION image
....The British Government has raised the pensions entitlement age to 66 for everyone by 2020 far ahead of European countries including Germany, Spain and France. In Germany the retirement age is to be increased gradually and reach 67 years in 2029. ...
What does the snap election mean for your finances? image
Source : Daily Express [Read Article] Sunday 23rd of April 2017 01:10:00 PM
....“However, Mrs May will be nervous about angering pensioners, whose votes will be crucial,” Selby adds. Tom McPhail, head of pensions policy at Hargreaves Lansdown, says plans to increase the state retirement age may also be put on hold: “There are very few votes to be won by telling 40-somethings they have to work for another year or two before they qualify for their state pension. ...
Why Silicon Valley wants to thwart the grim reaper | John Naughton image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
.... It’s also the process that ensures human vitality: young people arrive with ideas that their elders never had and death makes room for them to grow, thrive and die in their turn. That’s why elite US universities, which do not have a retirement age for tenured professors, are increasingly desperate to find ways to incentivise them to quit. ...
Lifetime ISA: Everything you need to know about the new LISA savings account  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 12:55:00 PM
.... It means if £4,000 is saved into a LISA, only another £16,000 can be put into the other ISA for the year. What's the catch?Savings can only be used towards the deposit on a first home or taken at retirement aged 60. ...
Pension crisis looms as one in five Britons has no savings for their old age image
Source : Daily Express [Read Article] Tuesday 28th of March 2017 01:37:00 PM
.... . The poll comes just days after after an official review of the UK state pension scheme suggested the retirement age for men could rise to 68 by 2039. ...
State pension age could be raised to 70, says report image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:05:44 AM
....3% of their lives in retirement. In the worst-case situation, the GAD calculations also suggest that the change in the retirement age from 67 to 68 could be pulled forward by as much as 16 years. ...
Number of women working past 70 in UK doubles in four years image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 01:05:53 PM
....5% of men are still in employment at the age of 70, a sharp increase from 10% in 2012. The rise in women working past the traditional retirement age has been even more pronounced, doubling from 5. ...
Philip Green's lavish party for his 65th ends exile from social circuit image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:27:49 PM
. The retail tycoon Sir Philip Green has ended his exile from the London social circuit with a lavish party at the Dorchester hotel to celebrate reaching retirement age. ...
AMC, APR, ERC explained: The ridiculous financial acronyms that serve to confuse image
Source : Daily Express [Read Article] Wednesday 1st of March 2017 09:01:00 AM
....MVA . If your pension is invested in a “with-profits” fund and you take your money before your selected retirement age the company may apply a Market Value Adjustment. ...
Love your job image
Source : BBC [Read Article] Monday 27th of February 2017 12:19:58 AM
....The eponymous hero of The Fall and Rise of Reginald Perrin is so bored with his job as a manager at Sunshine Desserts that he fakes his own death so that he can start a new life. Forty years on from Reggie Perrin's world, the default retirement age has been scrapped and the government is urging those over 50 not to down tools and leave the labour market. ...
Sir Ken Morrison obituary image
Source : Guardian [Read Article] Wednesday 1st of February 2017 04:45:07 PM
.... Four years later, he became its chairman and managing director. In 1997, shortly after reaching the state retirement age, he gave up the managing directorship, but there was no doubt that, despite the niceties of job titles, Morrison remained very much in charge. ...
Work till you drop: when will you retire — and do you want to? image
Source : Guardian [Read Article] Monday 30th of January 2017 08:01:23 AM
.... “It’s about perceptions and those are difficult to legislate for”. Julia Frazer, 71, responded to a Guardian callout for those working past state retirement age. ...
Want to know how society's doing? Forget GDP – try these alternatives | Mark Rice-Oxley image
.... But it is moving – and in the wrong direction for lots of developed countries. The dependency ratio is the number of working-age people compared with the number of children and those over retirement age. ...
The new retirement: how an ageing population is transforming Britain image
Source : Guardian [Read Article] Monday 16th of January 2017 08:07:13 AM
....In west Somerset, where Dr Davies has his surgery, the average age in the area is 52 (pdf) – compared with 40 for the UK as a whole. More than one in three of the population are of retirement age and there are fewer people in the 25- to 44-year-old age group than anywhere else in the country. ...
Our top pearls of wisdom? Pay all bills and avoid debt image
Source : Daily Express [Read Article] Thursday 12th of January 2017 09:56:00 PM
.... . Stacey Stothard, of Skipton Building Society, said: “By retirement age, people generally have a solid understanding about what’s important and what matters most. ...
Rising retirement age means that smart saving is more important than ever image
Source : Daily Express [Read Article] Sunday 8th of January 2017 12:01:00 AM
....For most people the answer will be “not me, thanks”, but if the Government has its way, they may have little choice. Both Labour and the Conservatives have been gradually pushing back the state retirement age, so that today’s workers may have to carry on into their late 60s and beyond before they can draw their state pension. ...
Rex Tillerson cuts ties with Exxon Mobil via $180m retirement package image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:16:38 PM
.... Exxon said in its SEC filing that it hoped to minimize those conflicts by “working in close consultation with federal ethics authorities”, though it did not say which authorities. Tillerson, who worked for Exxon for more than 40 years, would have reached the company’s mandatory retirement age of 65 by March, after which he would have received the money from Exxon over a period of 10 years. ...
There are fairer ways to set the pension age – but politicians are ducking them | Ros Altmann image
. Younger generations are being told to prepare to wait even longer for their pensions, with former minister Steve Webb suggesting that the retirement age for a state pension will rise to 70. ...
'Basically a huge tax increase': readers on proposed pension age rise image
Source : Guardian [Read Article] Monday 28th of November 2016 02:30:32 PM
.... It's also a way of making Pensioners contribute to deficit reduction without cutting existing pensions. Existing Pensioners won't vote to protect pensions of folk 20 or 30 years before retirement age. ...
Pension exit fees capped at 1% image
Source : Guardian [Read Article] Tuesday 15th of November 2016 12:51:14 PM
....In January, the government outlined its determination to cap “excessive” exit charges on pensions, which can run into thousands of pounds. An early exit fee is a charge imposed on someone when they transfer or take their benefits at the age of 55-plus, but before retirement age. ...
Bond market crash is coming and could be devastating for pension savers, warn experts image
....82 per cent, not only will investors lose more than 10 per cent of their capital, but it will also take more than five years to earn back their money given that yields will still be below two per cent. "He added: "This will present a huge problem for many, especially those approaching or at retirement age. ...
Mortgage lenders lift upper limits to help solve an age-old problem image
Source : Guardian [Read Article] Monday 17th of October 2016 08:39:31 AM
. The combination of an ageing population and no set retirement age means some people now want to be able to pay their mortgage until much later in life, while rising property prices and divorce mean others are not buying until they are much older. ...
State pension: people who start working at 16 could get early access image
Source : Guardian [Read Article] Thursday 13th of October 2016 01:02:44 PM
....“If any changes are made to state pension age, this is likely to have a disproportionate impact on certain groups [such as] carers, people with disabilities, the self-employed, ethnic minorities and women,” the report said. It added that the UK was already on course for the “highest retirement age of OECD countries” and suggested more should be done to bridge the gap between a decline in employment participation after the age of 63 and the start of the new state pension age at 67. ...
Young could get early access to state pension image
Source : BBC [Read Article] Thursday 13th of October 2016 12:16:03 PM
....TUC general secretary Frances O'Grady said: "We should do all we can to allow more people to continue working in their later years. But hiking up the retirement age will not help, especially in parts of the UK with lower life expectancy. ...
HEALTH insurance could be the PROTECTION we need the most image
Source : Daily Express [Read Article] Sunday 2nd of October 2016 02:28:00 PM
....Income protection should not be confused with the inferior payment protection insurance (PPI), which was heavily mis-sold by the banks in the UK’s biggest-ever financial services scandal. Income protection typically pays out until you either recover or reach retirement age, whereas PPI only paid out for one or two years, and claiming was impossible for many. ...
Do a financial health check and midlife needn’t mean a crisis image
Source : Guardian [Read Article] Saturday 1st of October 2016 06:00:11 AM
....One way to lower monthly mortgage payments is by opting for a longer repayment term. Some lenders will do 35- or even 40-year loans, and an increasing number are prepared to lend well beyond retirement age. ...
Annuity rates plummet, making 2016 'worst year for payouts' image
Source : Guardian [Read Article] Wednesday 14th of September 2016 11:15:39 AM
....Moneyfacts said that although there were more than three months of the year remaining, it was unlikely that the current economic environment would facilitate a strong enough recovery in annuity rates to avoid it picking up the tag of being the worst ever year for annuity rates. Workers reaching retirement age without the protection of a salary-based pension have to rely on what they can earn from their savings. ...
Never retire image
Source : BBC [Read Article] Tuesday 13th of September 2016 11:19:10 PM
....In 1960, average life expectancy in the UK and the US was about 70, with many men retiring at 65. Today people in these countries are expected to live to about 80 - yet the average retirement age is 64. ...
EXCLUSIVE: Millions suffer state pension CONFUSION as 100,000 await Gov rejection letters image
....". It comes as the Government contacts around 100,000 over-50s to tell them they will not qualify for the state pension when they reach retirement age because they don't have at least 10 year of NI contributions. ...
Germans should work until 69, says central bank sparking fears Britain could follow  image
....The current state pension age in Germany is 65 and is set to rise to 67 by 2030 - but this is not old enough, according to the country's central bank. The Bundesbank believes retirement age should be at 69 by 2060, or the country could struggle to pay burgeoning pension welfares. ...
Germans should have to work until 69, says Bundesbank image
Source : BBC [Read Article] Monday 15th of August 2016 02:21:38 PM
....Elderly Germans may have to keep working until the age of 69 if a Bundesbank proposal is adopted. It says Berlin should consider raising the retirement age to that level by 2060, from around 65 at the moment. ...
Younger generation in UK face overwhelming pensions bill, says report image
Source : Guardian [Read Article] Sunday 14th of August 2016 07:13:35 PM
....Angus Hanton, the co-founder of IF, said: “Public sector pensions represent one of the largest unfunded burdens for younger taxpayers, who will not retire at the same age, or on the same terms, while having to contribute more to their own pensions. “Increasing retirement ages and moving to career average pensions will not be enough to stall the pension burden avalanche that is bearing down on the young. ...

Jeremy Corbyn is a symptom, not the cause of Labour’s total lack of direction 
 image
....The Labour activists there knew what they stood for: the representation of industrial workers and their families. This meant strong trade unions, nationalised industries, big local authority housing schemes, and good state pensions with early retirement ages. ...
Five minute guide to annual increases to state pensions image
Source : Daily Express [Read Article] Sunday 7th of August 2016 12:00:00 AM
....Tom McPhail, head of retirement policy at Hargreaves Lansdown, says the triple lock is diverting a growing share of Government spending towards pensioners: “A balance always needs to be struck between protecting the standard of living of pensioners and not over-burdening taxpayers. "Increases should be linked to retail prices and the state retirement age pushed back even further. ...
PM Theresa May makes more ministerial changes image
Source : BBC [Read Article] Friday 15th of July 2016 09:45:51 PM
....In her resignation letter to Mrs May, Baroness Altmann said that her efforts to improve pensions policy over the past year had been thwarted by "short-term political considerations". She called for more help for women forced to work longer by the government's decision to raise their retirement age. ...
Philip Green to face MPs on Wednesday morning over collapse of BHS image
Source : Guardian [Read Article] Wednesday 15th of June 2016 06:00:20 AM
....He is thought likely to contest Chappell’s account of how the deal came about, given to the inquiry last week. However, Green is expected to put forward a proposal under which he would inject cash to keep BHS’s scheme out of the industry-backed Pension Protection Fund, which imposes cuts of at least 10% for those below retirement age. ...
Pensioner's slip filling in tax form rips a hole in his annuity payments image
Source : Daily Express [Read Article] Tuesday 14th of June 2016 06:14:00 PM
.... . A third cause could be in certain situations, such as where the benefits used to be in a final salary pension scheme, and there may have been a bridging pension between the retirement age and the state pension one. ...
Savers 'paying up to 10%' to cash in pension pots image
Source : Guardian [Read Article] Thursday 9th of June 2016 11:01:06 PM
....Last month, the Financial Conduct Authority (FCA) announced that exit charges for people cashing in their personal and stakeholder pensions are likely to be capped at 1% of the value of a member’s pot. These early exit fees are imposed on someone when they transfer or take their benefits over the age of 55 but before retirement age. ...
Working till you drop: Five-minute guide to the chaining face of retirement image
....Taking it easy may not be an option for the next generation of retirees, who expect to carry on working into their 70s and beyond. Already more than a million people are working past the state retirement age and their numbers are set to soar. ...
MPs to investigate how many pension schemes are at risk of failing image
Source : Guardian [Read Article] Friday 27th of May 2016 05:55:35 PM
....Workers’ occupational pensions have been forced centre stage in recent months by BHS’s collapse and by Tata Steel’s potential sale of its UK business. Almost 13,000 current and former BHS employees who were under retirement age when the company went into administration in March may face a 10% cut to their pensions as a result. ...
Number of UK 'Neets' increases for second consecutive quarter image
Source : Guardian [Read Article] Thursday 26th of May 2016 02:04:59 PM
....The ONS said much of the rise in employment could be attributed to rules forcing women to retire later. In recent years, the government has pushed up the retirement age for women from 60, which has meant that thousands of people who would previously have retired are still working. ...
Pension exit charges to be capped at 1% under FCA proposals image
Source : Guardian [Read Article] Thursday 26th of May 2016 07:57:00 AM
. The Financial Conduct Authority has proposed a 1% cap on exit charges for people cashing in their pensions before retirement age along with a ban on exit fees in future pension contracts. ...
UK job numbers boosted by women delaying retirement image
Source : Guardian [Read Article] Wednesday 18th of May 2016 12:34:19 PM
....The ONS said much of the rise in employment could be attributed to rules forcing women to retire later. In recent years, the government has started to push up the retirement age for women from 60, which has added thousands of people to the employment register who would have previously retired. ...
Older homeowners locked out of mortgages offered reprieve  image
Source : Daily Express [Read Article] Wednesday 11th of May 2016 08:54:00 AM
....Mark Harris, at mortgage broker SPF Private Clients, says older borrowers must still meet stricter lending criteria. “Borrowers who need a mortgage beyond retirement age must still prove they have enough pension and other retirement income to pay off the interest and capital. ...
Fancy getting a mortgage at 80? Top lender extends age limit for borrowers image
....". Haiifax recently found that one in three 20 to 45-year-olds expect to be working beyond their retirement age to pay off their mortgage. ...
Halifax raises mortgage borrowing age limit to 80 image
Source : Guardian [Read Article] Thursday 5th of May 2016 11:26:58 PM
....The move by Britain’s biggest mortgage lender means that a 55-year-old customer could take out a 25-year loan and repay the loan before his or her 80th birthday. However, Halifax says that any borrowing beyond retirement age will require proof of retirement income. ...

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