PRESS-NEWS.org - Press Release Distribution
PRESS RELEASES DISTRIBUTION

Why More Choice Means Equity Release Scheme Advice is Essential

As SimplyBiz Mortgages announces a new equity release scheme for its members and the UK equity release market and competition grows amid dwindling pension values, TheRetirementCentre.com examines the benefits of equity release schemes.

Why More Choice Means Equity Release Scheme Advice is Essential
2012-10-20
LEEDS, ENGLAND, October 20, 2012 (Press-News.org) As SimplyBiz Mortgages, the UK based provider of financial compliance services training and support, launches a UK equity release proposal for its members, TheRetirementCentre.com looks at some of the benefits of equity release as an increasingly viable alternative to dwindling pension and annuity returns.

The Mortgage Biz club's chief executive officer, Martin Reynolds is quoted in Mortgage Strategy as saying:

"With pensions shortfalls equity release schemes are moving into the next stage of development. Where borrowers have no repayment vehicle in place, or a potential shortfall, moving to a lifetime mortgage may be their only option."

As interest rates are maintained at record low levels, savings and investments aren't yielding great returns, so savers and those nearing retirement age are losing out. The situation for many nearing retirement is uncertain, so many UK equity release scheme providers are stepping in to fill the gap with a bigger and better range of options. Now is a great time to look at equity release, as there is growing competition in the market and some great deals to be had for those prepared to do their research.

Many people are already seeing the benefits of equity release schemes as they use their properties to subsidise their income in retirement. For homeowners aged over 55 in the UK, equity release can be the best option for allowing some financial freedom and an enjoyable retirement.

The benefits of an equity release scheme include:

- Repaying your mortgage
- Being able to maintain or improve your pre-retirement standard of living
- Helping out family members (many are using some of their payout to support children or grandchildren through university or in buying their first home)
- Finally completing home improvements and setting up a home to be fully accessible and comfortable for later in life.

But with more options available, now more than ever before, it is important to get independent financial advice and to ask for a personlised illustration, before signing up for any kind of equity release scheme.

TheRetirementCentre.com is an independent online advice service for over 50s. The website's financial advice section covers equity release and annuities, as well as an online calculator to compare different policies. Visit the website for more information at: http://theretirementcentre.com/product/equity-release.

The Retirement Centre is an independent company, designed to help people aged over 50 to make the right financial decisions and enjoy their retirement. To compare equity release schemes and find the best deal for you, visit The Retirement Centre website: http://theretirementcentre.com/product/equity-release

For more information, call Dominic Fraser-Smith on 0113 320 5595 or email enquiry@theretirementcentre.com

[Attachments] See images for this press release:
Why More Choice Means Equity Release Scheme Advice is Essential

ELSE PRESS RELEASES FROM THIS DATE:

Dr. Pamela Marzban Offers Special to Bridal Showcase Attendees

2012-10-20
Virginia cosmetic dentist, Dr. Pamela Marzban recently exhibited at the local Washington Bridal Showcase at the Patriot Center at George Mason University. Dr. Marzban spoke to the brides-to-be about cosmetic and general treatment options that can help give them a stunning smile on their big day. She is proud to announce a teeth whitening special to the attendants of the bridal showcase. They will be providing 10% off any whitening procedure; for each additional person they bring in they will take off another 5% off, and their referral will also receive an additional ...

Washington D.C. Dentists Now Offering Gum Depigmentation Treatments

2012-10-20
The foundation of a beautiful smile starts with the appearance of healthy gums. Now, thanks to a new laser gum treatment offered by Washington Center for Dentistry, patients will be able to lighten and improve gum discoloration. The new gum bleaching procedure is now available to general and cosmetic dental patients in Washington D.C., Maryland, and Northern Virginia. The normal color of gum tissue is pink. However, due to high concentrations of melanin, gums can appear to have dark spots or black patches. Dark gum pigmentation often occurs with people who have dark ...

Washington D.C. Dentists Now Offering Dental Oral Appliances to Treat Sleep Apnea

2012-10-20
Sleep apnea isn't just about the snoring, it is one of the most common sleep disorders in the United States and is also often undiagnosed. Washington Center for Dentistry is proud to announce they have expanded their practice areas to include sleep apnea treatment for their Washington D.C., Maryland, and Northern Virginia patients. Sleep apnea is caused when breathing is interrupted during sleep- sometimes hundreds of times. People suffering from sleep apnea get restricted amounts of oxygen to the brain and the body. Sleep apnea sufferers often stay in a lighter sleep ...

New York Wants Spouses Awaiting Divorce Fairly Provided for Financially

2012-10-20
New York Wants Spouses Awaiting Divorce Fairly Provided for Financially Divorce can be devastating financially for the spouse who makes less money during the time period when related legal matters are pending. Not uncommonly, when the decision to divorce is made, one spouse moves out of the family home pending resolution and two households are set up on the same number of dollars that previously supported one. Effective Oct. 12, 2010, a new temporary maintenance law took effect in the state of New York to address this and similar types of situations. What Is Temporary ...

Divorce in Oregon: Understanding the Basic Legal Issues

2012-10-20
Divorce in Oregon: Understanding the Basic Legal Issues Most people understand some of the fundamentals about divorce in Oregon, from the benefits of crafting prenuptial agreements to the challenges of dividing marital assets. Oregon's family law statutes detail those and a range of related issues, from the distinctions between divorce and separation to methods of apportioning child or spousal support. Any spouse who is contemplating the need to end a marriage can benefit from a basic explanation of the most common legal issues. By further discussing those issues ...

Details of OSHA's Fall Prevention Campaign For Construction Workers

2012-10-20
Details of OSHA's Fall Prevention Campaign For Construction Workers According to the Occupational Safety and Health Administration (OSHA), falls are the leading cause of death in the construction industry. In 2010, 264 of the 774 total fatalities in construction were due to falls. Further, greater than 10,000 workers were injured as a result of construction falls. Falls are preventable, however, and OSHA - in conjunction with the American Society of Safety Engineers and The National Institute for Occupational Safety and Health - has launched a national fall prevention ...

2012 IRS Offshore Voluntary Disclosure Program Remains in Effect

2012-10-20
2012 IRS Offshore Voluntary Disclosure Program Remains in Effect Among the many issues that can lead to a criminal tax investigation is a taxpayer's failure to disclose taxable offshore assets. In recent years, the Internal Revenue Service has renewed its Offshore Voluntary Disclosure Program (OVDP) to give taxpayers incentives to comply with tax laws and potentially avoid penalties for tax evasion. Last summer, the IRS announced that it had collected more than $5 billion in back taxes, as well as penalties and interest, as a result of more than 33,000 disclosures ...

Fungal Meningitis Outbreak Leading To Lawsuits Against Steroid Maker

2012-10-20
As of October 18, the multistate fungal meningitis outbreak has caused 20 deaths. The total number of reported cases has now risen to 257. With new fungal meningitis infections coming to light almost daily, many victims are looking for a meningitis outbreak lawyer with a national practice focus for help bringing suit against the maker of the steroid injections that have been linked to the deadly epidemic. Background of the Outbreak and Telltale Fungal Meningitis Symptoms As many as 14,000 patients were exposed to tainted steroid injections produced by the New England ...

Fewer College Students Accruing Credit Card Debt

2012-10-20
A new Sallie Mae study found that fewer college students own credit cards, and the number has dropped during the past two years. Experts are encouraged by the study and say this shows hope for the long-term financial health of the students and their parents. There are many factors that contribute to the decrease in credit cards and credit card debt, but one of them is the credit card reform provisions of the Credit CARD Act of 2009 targeted towards students. Students Who do Own Credit Cards Paying Off Balances Students are avoiding debt by either not opening credit ...

Post Divorce Insurance Plans Are Important For Splitting Couples

2012-10-20
If you're heading toward divorce, you likely have a lot on your mind. With all the other things going on in your life, it's possible that you haven't given a lot of thought to how your insurance needs will change as a single person. But, insurance is important in the wake of divorce. Knowing how to handle your health, life, home and auto insurance policies correctly can not only save you thousands of dollars, it can ensure you don't lack the coverage you need at a critical time. Health Insurance: Getting Your Own Coverage and the COBRA Safety Net In discussions ...

LAST 30 PRESS RELEASES:

Researchers map 7,000-year-old genetic mutation that protects against HIV

KIST leads next-generation energy storage technology with development of supercapacitor that overcomes limitations

Urine, not water for efficient production of green hydrogen

Chip-scale polydimethylsiloxane acousto-optic phase modulator boosts higher-resolution plasmonic comb spectroscopy

Blood test for many cancers could potentially thwart progression to late stage in up to half of cases

Women non-smokers still around 50% more likely than men to develop COPD

AI tool uses face photos to estimate biological age and predict cancer outcomes

North Korea’s illegal wildlife trade threatens endangered species

Health care workers, firefighters have increased PFAS levels, study finds

Turning light into usable energy

Important step towards improving diagnosis and treatment of brain metastases

Maternal cardiometabolic health during pregnancy associated with higher blood pressure in children, NIH study finds

Mercury levels in the atmosphere have decreased throughout the 21st century

This soft robot “thinks” with its legs

Biologists identify targets for new pancreatic cancer treatments

Simple tweaks to a gene underlie the stench of rotten-smelling flowers

Simple, effective interventions reduce emissions from Bangladesh’s informal brick kilns

Ultrasound-guided 3D bioprinting enables deep-tissue implant fabrication in vivo

Soft limbs of flexible tubes and air enable dynamic, autonomous robotic locomotion

Researchers develop practical solution to reduce emissions and improve air quality from brick manufacturing in Bangladesh

Durham University scientists solve 500-million-year fossil mystery

Red alert for our closest relatives

3D printing in vivo using sound

Global Virus Network meeting unites Caribbean and Latin America to tackle emerging viral threats

MD Anderson Research Highlights for May 8, 2025

Study of Türkiye gold mine landslide highlights need for future monitoring

Researchers find new defense against hard-to-treat plant diseases

Characterization of research grant terminations at the National Institutes of Health

New study: high efficiency of severe thalassemia prevention with HTS based carrier screening

AI-designed DNA controls genes in healthy mammalian cells for first time

[Press-News.org] Why More Choice Means Equity Release Scheme Advice is Essential
As SimplyBiz Mortgages announces a new equity release scheme for its members and the UK equity release market and competition grows amid dwindling pension values, TheRetirementCentre.com examines the benefits of equity release schemes.