Mortgage madness
Almost two thirds of Scots in their 60s have yet to pay off loans on their home, worrying new figures revealed yesterday. Research released by charity Age Scotland Enterprises shows that 383,000 peopl ...
MONEY
Are you handing over your PIN number for payments?
Research from the Payments Council reveals that though the older among us have strong views on handing over control to someone else to buy our clothes, look after our pet, clean our house and make our ...
Stamp duty reform may provide downsizers with windfall capital for their retirement
New stamp duty reforms are helping to boost the finances of Britain’s elderly, according to figures from retirement house builder Churchill. The reforms are also encouraging many to downsize and buy ...
Downward spiral of debt is hitting pensioners hard
Statistics from the Equity Release Council have indicated that unsecured personal debt amongst the over 65s is increasing at an alarming rate. Personal debt is up 16% from December 2013 to December 20 ...