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Prudential
Coming up roses
Peter Welch takes an optimistic perspective on the future health of the equity release sector
Fifth expect to retire on less than £10,000 a year
Almost a fifth (18%) of people retiring in 2010 expect to receive less than £10,000 a year from their pensions and investments, as expected incomes drop for the third year runnning, research suggests.
Stonehaven ER exit brings market fears
Stonehaven’s decision to suspend its equity release offering temporarily has sparked fears that funding constraints could prompt other providers to follow suit.
Other Prudential articles
Another string to your bow
Mark Clinton explains the fundamental importance of pensions to a broker’s product portfolio
Pru quits equity release
Turbulence in the equity release market continued last week, after Prudential became the latest provider to exit the beleaguered sector.
Mortgage Solutions preview 28/11/09
Mortgage Solutions editor Barney McCarthy gives a sneak preview of the latest issue of the magazine.
Aviva reaffirms commitment to equity release
Aviva has reaffirmed its commitment to grow its share of the equity release market following Prudential's withdrawal from the lifetime mortgage market.
Prudential withdraws from equity release
Prudential is to withdraw from the equity release sector in the first quarter of 2010 after deciding to deploy capital to other parts of its business.
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