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One in 10 over-55 homeowners now paying interest-only mortgages

Up to one in 10 of over-55s homeowners across the UK are still paying interest-only mortgages, with some facing the prospect of not being able to clear their debt when the deal runs out. The conclusions come from new research from Homewise, which specialises in home purchase options for the over 60s. Its independent research among […]

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The top five ways to spot a pension scam revealed as victim numbers soar

As pension scammers continue to prey upon the unwary, Pension Life has published their top five tips on how to avoid becoming a victim The list from Pension Life, which represents victims of numerous dubious schemes with total losses in excess of £2bn, comes as the organisation says an increasing number of people are falling victim […]

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Aviva predicts “the death of early retirement”

Changing demographics and shifting attitudes amongst employers mean that greater numbers of older people than ever before are now in the UK workforce – and indicate that “early retirement” could become “a thing of the past” by 2029. The latest official employment figures show that 9.67m workers aged 50+ are now in employment. This is the […]

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Narrow boat living: an option for downsizing? by Chris Collinson

Each year, many people enjoy the tranquil, unhurried life of the inland waterways of the UK, spending their holidays on rented narrow boats or on their own narrow boat. But a growing number of people are electing to live on a narrow boat on a rather more permanent basis – either continuously cruising the canals […]

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LV calls for mandatory financial advice to help people make better pensions choices

LV has entered the discussion around pensions freedom and proposed that the government should make the provision of guidance to those accessing their savings compulsory. According to Richard Rowney, managing director of life and pensions at LV: “It’s essential that all consumers are able to access affordable, regulated advice but when people can’t, or don’t, […]

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The Akshaya Patra Foundation UK

How a meal a day can give children an education – and turn around their lives RetireEasy.co.uk is proud to support the The Akshaya Patra Foundation UK,  an Indian NGO that provides a mid-day meal to 1.5 million school children in India’s poorest communities every day. The The Akshaya Patra mission is to reach out […]

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Why statistics are so vital… By Tony Watts OBE

How big a part do statistics play in your life? No, I’m not talking about the stream of bogus stats that both sides in the EU Referendum have been producing (quite possibly through a clockwork random fact generator, operated by a hamster on mind altering drugs). But really important stats – such as who has […]

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Falling interest rates and rising property prices help lifetime mortgagees 

A combination of falling interest rates and rising property prices is helping those taking out lifetime mortgages, according to new figures released by Age Partnership. Lifetime mortgage rates have remained below 6% (at 5.87%) for the second consecutive year, while the current average house price of £288,000 marks a record high. Analysis of Age Partnership’s […]

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Retirement home sales rise… but warning sounded over care confusion

The first quarter of 2016 saw an uplift in retirement housing sales, according to the latest quarterly review from Retirement Homesearch. Despite 18% fewer viewings and enquiries than the same time last year, the company recorded an 11% rise in sales – thought to be fuelled by buyers rushing to complete deals ahead of the […]

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New website locates your lost pension

Have you paid into a pension sometime in the dim and distant past and forgotten about it… or are unsure how to see if you are due to receive any money? Then here’s some good news: a new DWP website has been launched by the Pension Tracing Service to help people locate lost pension savings. […]

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New features on RetireEasy.

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You can now include all your additional savings, investments and Pension Contributions between now and your retirement, taking into account increasing these Additional Contributions year-on-year and stipulating whether these are one-off or recurring contributions. As always, you can revisit these projections and change them at any time either when your expectations change, or you have real numbers to replace projections already made.

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There are now three additional charts, further breaking down your assets and income.

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