Reliance on housing equity by the over 60s is expected to increase by 61pc as less generous pension provision will make homes an "obvious source of income".
Retirement planning firm Sovereign Reversions points out that by 2036 over 60s will make up a third of the population, compared to just a fifth now, and will own £2.2trn of equity in their homes, u...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
