Kate Smith, AEGON pensions development manager stated that although the intention to changes the current rules to provide people with more choice is commendable, if we want a premier retirement framework in the UK, then we need to stop making changes in isolation and review all the retirement rules in terms of how they tie up with long term care provision.
Homeowners aged over 55 years who are concerned about the pensions system and would like to know how much money the value of their property could release to help them through their retirement, can find out by contacting
therightequityrelease.co.uk for equity release advice.