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Bridgewater in flexible reversion

Bridgewater Equity Release is launching a flexible reversion plan that enables homeowners to phase the income they draw from their property. Homeowners can take from 25 per cent upwards initially and draw the balance as required up to100 per cent, so gaining from any house prise inflation.

Alternatively Bridgewater will take a fixed percentage of equity yearly, paying 5 per cent extra each year.

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Bank of Ireland launches new offshore bond

Bank of Ireland Offshore has launched its global balanced guaranteed equity bond, in conjunction with its Bristol & West International branch.It is a five year fixed term bond in two parts; the guaranteed equity bond and an optional 12 month balancing bond.The offer period for the bond will close on 30 September.Bank of Ireland Offshore […]

Female divorcees face funding crisis

Middle-aged women divorcees are facing a retirement funding crisis, according to a report from Norwich Union Equity Release. Just 4 per cent of the 440 divorced women aged over 50 surveyed in the report got any of their ex-husband’s pension fund after divorce or separation despite recent legislation giving women a better deal on pension-splitting. […]

Taylor leaves Origen and looks for new challenge

Origen business development director Tudor Taylor is leav- ing the firm and seeking a move elsewhere within fin- ancial services. Taylor was part of the executive team which brought together the five IFA businesses under the Origen brand and was chief executive of Wentworth Rose, Aegon UK’s first IFA acquisition in 2002. Origen says it […]

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.

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