According to the Office for National Statistics, 1 in 3 children born today will live to see 100. However, there is a pessimistic attitude amongst the today’s older generation regarding how long they may live that could have a detrimental impact on their retirement income, an Aviva report has warned.
The Equity Release Council has revealed that unsecured debt amongst the over 65s is on the increase. Over the past year, there has been a 16% increase in debt within the over 65s homeowner demographic; the average person who finds themselves in debt owes upwards of £1,500.
We are thrilled to announce that Bower has once again triumphed at the annual Equity Release Awards, taking home the ‘Best Financial Adviser – 10+ employees’ award for the second time.
Readers of What Mortgage magazine have voted Bower as “Best Equity Release Adviser” for the second year running. Over 19000 of the general public voted in the prestigious awards held on 16 July at Minster Exchange in the City of London
Bower have been nominated for the award of Best Equity Release Broker for 2014 by readers of What Mortgage Magazine. The Bower team were winners of this prestigious award last year and to be nominated for this award again is testament to the quality of service Bower provides to its customers.