Over the past 2 months the fall in the stock market has wiped billions from the value of FTSE 100 companies, in which many pensioners have their money invested in. On August 4th, £50 billon was lost in a single day.
The majority of savers are not aware that their pensions and investments are impacted by stock market swings. At this time, investing in cash or bonds is the safer option.
Homeowners aged over 55 years who are concerned about their pensions and would like to know how much money the value of their property could release to increase their income, can find out by contacting
therightequityrelease.co.uk for equity release advice.