Equity release: savings study

Posted in Equity Release Video News

21st June 2010

A study that has branded the UK savings system complicated and confusing could inspire the over-55s to consider equity release to supplement their income.

The report, by the Centre for Policy Studies, recommended scrapping the current system and replacing it with a more simple and straightforward solution.

The think tank recommended an annual contributions limit of £45,000 and suggested that the government removed the requirement for those reaching 75 to buy an annuity.

Equity release can simplify retirement by unlocking the value stored up in your house to provide an additional income or even a tax-free cash lump sum.

Why not use our simple online calculator to see how much cash you could release? Or simply give Age Partnership a call today to see how we can help make your retirement more comfortable.

The views expressed in these videos are those of ReelContent alone. They may not represent the views or opinions of Age Partnership or its staff. RealContent acts in a journalistic capacity and is not authorised to give advice under the Financial Services and Markets Act 2000. The information contained in this video is intended for information and interest only, and not to either provide advice to, or to address the particular requirements of any individual.