Ashley Shepherd is the founder and managing director at Over50choices. With over 30 years’ experience in financial services, he has held senior roles in building societies, banks and insurance companies.
Equity release is repaid when you die or move into long term care, usually from the proceeds of the sale of your property. Read more.
Equity release is a way of unlocking money that is tied up in your home, giving you a tax free cash sum to use how you wish. There are no monthly repayments and the cash can either be taken as a lump sum or drawdown when you need it.
Saga is well known for providing information, products and of course holidays for the over 50s but as yet they do not offer Saga Funeral Plans.
Although the majority of families still stick to tradition when it comes to funerals, an increasing number of people across the UK are now considering other options and looking for alternatives to a funeral service.
I watched last nightrsquo;s ITV Tonight showrsquo;s documentary lsquo;Pay Now, Die Later; Funerals Uncoveredrsquo; with varying degrees of frustration and sadness.Frustration at the lazy, one sided, sensationalised way the documentary was filmed and sadness that this blatant scaremongering will now put some viewers off pre-arranging their funeral services with a funeral plan.
The Equity Release Council Autumn 2018 Market Report is out and makes very interesting reading on the way we view property and the part it is starting to play in our retirement and later life planning.
I said it would happen but I think you can safely say that the funeral plan price war has officially started, courtesy of todayrsquo;s announcement that Dignity has slashed its funeral plan prices.nbsp;
The latest SunLife Cost of Dying Report 2018 is now out, providing the latest news on funeral costs, as well as information on our attitudes to funerals and funeral planning.
The annual Royal London National Funeral Cost Index Report for 2018 has just been released and as usual makes interesting reading. Carrying the heading lsquo;Buried in Debt ndash; The price of a good send offrsquo;
Having read some of the fitting and beautiful tributes to Queen of Soul, Aretha Franklin who sadly died on the 16th August 2018 aged 76; it made me think about other famous celebrities who will be remembered in some way for their funeral as well as their achievements
I know they say that time flies but Irsquo;m amazed that Over50choices is already celebrating its 5th year in business ndash; and what a 5 years it has been.nbsp; Read more....
Therersquo;s no doubt that these types of schemes, also known as lifetime mortgages are big business, especially amongst retirees looking to enhance their pension pot, make home improvements or use as a gift for family.nbsp;
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