MENUHomeNewsTopics A - Z

Falling Annuity Rates to Lead to More Equity Release Schemes

  • Published: 2010-10-11 : Author: Retirement Solutions Ltd
  • Synopsis: Experts are predicting that poor annuity rates forecasts will lead to an increase in the number of retirees opting for equity release schemes.

Experts at Retirement Solutions Ltd are predicting that the poor annuity rates forecasts will most likely lead to an increase in the number of retirees opting for equity release schemes.

The company's Sales Director, Kevin Stelfox, believes that the equity in a home is the only viable way for some people to release much needed funds for retirement, commenting that:

"The fact is, that people retiring today are getting much less for their money than they would have several years ago. Retirement finances are as tight as they have ever been and annuity rates are expected to continue to fall for another five years. The equity locked in the home is, for a growing number of retirees, the only feasible means of releasing some much needed money."

Kevin Stelfox has previously spoken out against equity release critics and adds,

"Equity release is by no means a perfect solution. It will result in your home leaving the family. But it's entirely unrealistic in today's economic climate to expect that everyone can have both their home and a comfortable retirement with no money worries. What equity release does do, is enables you to release money from your home and continue to live in it for as long as you live or until, if applicable, you move into a care home."

For independent help and advice on the best annuity rates for you, visit or call +44(0)800 644 6021.

Submit disability news, coming events, as well as assistive technology product news and reviews.

Loan Information for low income singles, families, seniors and disabled. Includes home, vehicle and personal loans.

Famous People with Disabilities - Well known people with disabilities and conditions who contributed to society.

List of awareness ribbon colors and their meaning. Also see our calendar of awareness dates.

Blood Pressure Chart - What should your blood pressure be, and information on blood group types/compatibility.

Disclaimer: This site does not employ and is not overseen by medical professionals. Content on Disabled World is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of a physician or other qualified health provider with any questions you may have regarding a medical condition. See our Terms of Service for more information.

Reporting Errors: Disabled World is an independent website, your assistance in reporting outdated or inaccurate information is appreciated. If you find an error please let us know.

© 2004 - 2018 Disabled World™