PROMOTION EQUITY RELEASE Filling The Pensions Gap? With £1.2 trillion of wealth in residential property homeowners are starting to consider Equity Release as a second pension pot to meet their needs in later life ecent research suggests that 4 in 5 people using staggering rise of25% since 2017. ERC data shows that the ost popular way ofaccessing capital in the peoperty is the 'drawdown equity release opeion. This effectively access their savings pot the age of 63 are under Amongst financial advisers there allowspeople to take either an Is a strong focuson-sustainability income or a series ollump sums from ofincome , with concerns that those accessingtheir money early aking a single large lump sum. The are puting themselves at risk od outliving their pension funds their peoperty equity, rather tharn primary benefit of this approach is a much lower lbaildup in interest on capital drawn thereby preserving Freedoms legislation in 2015 initially led to concerns were that savers might use the new rules to withdraw their entire pot for Low interest rates and recent product developments, sach as interest annually, and RetirementChris Ryan BA (Hons) DipPFS Fortunately, in our experience the st Only(known as"RIO") majority of people fully withdranwing mortgages are offering greater their funds are those mopping upchoce and flexibility. small pots that are unviable for providing longterm income. and Managing Director Good financial and legal advice is essential, because there ca Many retired people need up eligibility tor State benefits, as well as long term consequences for care their pensions provide. This lack of pension savings, changesto the and your childrens inheritance. state pension to age 66, and large increases in property values has refocussed homeowners' minds on consider the best way of covering thinking about their property as a both the lifestyle needs arising supplement to their pension Taking a holistic approach to financial advice, we can help you in early retirement as well as the Equity release has become the fastest growing sector in the mortgage market for 3 years in a row. While under-63s are taking their cash from their pension, the essential needs that may arise later. We use the latest forecasting software to paint an easily understood picture of the future, and regular reviews keep the ocus on yourgoals number of over 6s taking equity Equity Release Specialist from their home has increased dramatically: The Equity release Council (ERC) has recently reported Admirality Park, Station Rd, Suite 2 Jellicoe House, apex cb Holton Heath, Poole, BH16 Hx unlocked for every El of flexible pension payments taken, a cial planning PROMOTION EQUITY RELEASE Filling The Pensions Gap? With £1.2 trillion of wealth in residential property homeowners are starting to consider Equity Release as a second pension pot to meet their needs in later life ecent research suggests that 4 in 5 people using staggering rise of25 % since 2017 . ERC data shows that the ost popular way ofaccessing capital in the peoperty is the 'drawdown equity release opeion. This effectively access their savings pot the age of 63 are under Amongst financial advisers there allowspeople to take either an Is a strong focuson - sustainability income or a series ollump sums from ofincome , with concerns that those accessingtheir money early aking a single large lump sum. The are puting themselves at risk od outliving their pension funds their peoperty equity, rather tharn primary benefit of this approach is a much lower lbaildup in interest on capital drawn thereby preserving Freedoms legislation in 2015 initially led to concerns were that savers might use the new rules to withdraw their entire pot for Low interest rates and recent product developments, sach as interest annually, and RetirementChris Ryan BA (Hons) DipPFS Fortunately, in our experience the st Only(known as"RIO") majority of people fully withdranwing mortgages are offering greater their funds are those mopping upchoce and flexibility. small pots that are unviable for providing longterm income. and Managing Director Good financial and legal advice is essential, because there ca Many retired people need up eligibility tor State benefits, as well as long term consequences for care their pensions provide. This lack of pension savings, changesto the and your childrens inheritance. state pension to age 66, and large increases in property values has refocussed homeowners' minds on consider the best way of covering thinking about their property as a both the lifestyle needs arising supplement to their pension Taking a holistic approach to financial advice, we can help you in early retirement as well as the Equity release has become the fastest growing sector in the mortgage market for 3 years in a row. While under-63s are taking their cash from their pension, the essential needs that may arise later. We use the latest forecasting software to paint an easily understood picture of the future, and regular reviews keep the ocus on yourgoals number of over 6s taking equity Equity Release Specialist from their home has increased dramatically: The Equity release Council (ERC) has recently reported Admirality Park, Station Rd, Suite 2 Jellicoe House, apex cb Holton Heath, Poole, BH16 Hx unlocked for every El of flexible pension payments taken, a cial planning