Lifetime mortgages are a type of equity release that allow clients of a certain age to release tax-free income or a lump sum from borrowing against the value of your house, whilst still being able to live in the property and retain ownership.
Investing in the stock market is a way to grow wealth in the long run. For many people buying and selling shares is seen as a high risk decision, but when done properly can bring high returns.
Equity release has been a widely discussed topic in recent years, however many people struggle to truly understand how it differs from conventional re-mortgaging.
As I’m sure you’re aware, pensions are a minefield, especially after the new flexibility rules were implemented in April 2015. Since then, a lot has changed in financial services, and people are still trying to keep up with what happened in April 2015. Continue reading “Pension Transfer Values Going Up and Down – What are my options?”
Divorce is something that nobody wants to go through, however the office of National Statistics estimated that 42% of marriages ended in divorce. There are multiple ways in which pensions, and assets, can be shared between two parties. The husband and wife can agree to offset a pension without a court order. Alternatively, the court could make a pension sharing order, or an earmarking order. The sharing of non-pension assets doesn’t necessarily require court input. But what pensions are we talking about here?