Clarity Begins At Home
There has been a lot of discussion of the impact of the Government’s autumn reforms on pension savings but this is not the only area of retirement advice to be affected both by the proposed reforms and by the cuts in the comprehensive spending review. Equity release could be as dramatically affected by the rapidly changingpension and benefits rules.
The two most significant changes for the equityrelease market are the cuts to social welfare spending and proposals for reform of the state pension system.
Source: MoneyMarketing UK December 2011
Journalist: Gregor Watt
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