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Just Retirement cuts lifetime mortgage by 0.1%

Equity release provider Just Retirement has cut the rate of its roll up lifetime mortgage plan by 0.1 per cent.

The change came into effect on January 12 and all applications which have been submitted after that date will be offered the new rate.

Just Retirement external affairs and customer insight director Steve Lowe says: “With food bills, energy costs and inflation on the rise, now may be the right time for advisers to consider equity release products for their clients as a way to top up their retirement income.

“We believe that equity release market will expand significantly in coming years such that thousands more individuals may attain the lifestyle improvements that equity release provides to increasing numbers of retirees today.”

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.

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