In this month’s newsletter, we begin by discussing the Government’s version of a reverse mortgage, the Pension Loans Scheme. Our animation illustrates the benefits of a comprehensive personal insurance plan; a ‘Plan B’ risk management strategy. Saving for a home deposit can be hard; we offer helpful tips in this regard. The recent heat waves may have some anxious about their next utility bill; we provide a list of ways to become more energy-savvy moving forward. Lastly, we leave you with a funny video by the BBC, which showcases several vibrant personalities – how well do you know your money personality preferences?
Reverse mortgages: The Pension Loans Scheme
The saying ‘asset-rich, but income-poor’ can be an accurate description of the financial situation of some retirees. In this article, we look at the Government’s Pension Loans Scheme.