| |
Share, Like & Tweet!
|
|
|
|
|
< back to news stories
Pensions and ISAs get hit by market slide
22/09/2011
Due to the recent sharp fall in the market, the values of pensions and ISA’s have dropped by a considerable amount leaving many people out of pocket.
For example; the average shares Individual Savings Account (ISA) of £10,000 at the start of the year has now dropped 12.2% in value which would make the ISA now worth £8,778.
The recent turmoil in the financial market has caused chaos with pension funds as well. This has meant that the amount of annual pension he or she will receive has also fallen.
With pensions and ISAs being affected many people may now turn to equity release to ensure they have the necessary money to live comfortably after retirement.
For homeowners aged 55 and over equity release plans can mean not only more money it can mean going on that dream holiday, completing those refurbishments or simply having the knowledge of being financially secure after retirement.
To find out how equity release plans such as drawdown lifetime can help you release those much needed funds contact the right equity release.
|
| |
|