Equity release scheme for changes

Posted in Equity Release Property News

1st September 2010

An equity release scheme could be the solution for pensioners worried about their income as new reports warn that workers may soon have to pay more towards their pensions.

According to research from the Association of Consulting Actuaries (ACA) a new government scheme to automatically include more people into company pensions could soon cost existing employers dear.

The study also found that 41 per cent of employers were "likely" or "highly likely" to cut back on existing employee benefits.

If you're aged over-55 and you're concerned about your income in retirement, then it could well be worth finding out more about the benefits of an equity release scheme.

An equity release scheme not only provides you with a useful lump sum, but could also boost your retirement income as well.

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