Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Will savers seek equity release advice after MPs ‘flagrant disregard' for savings?

Mon 19th Apr 2010

The three major UK political parties have wasted a "golden opportunity" to set out a "clear, concise and comprehensive" savings policy with their recently-released manifestos, according to one campaign group.

This could lead a number of retired expats in Spain to turn to products such as lifetime mortgages in a bid to ensure a comfortable income.

Reverend Dr John Strain from campaign organisation Save our Savers, said despite accounting for years of work, the manifestos of the Labour, Conservative and Liberal Democrat parties show a "flagrant disregard" for the plight of the UK's 24 million savers.

"The task, of course, is to ensure that the next government of our country realises the crucial role savings will play in securing our economic recovery. The culture of unchecked debt and irresponsibly cheap credit has to end," he said.

"There were some nods in the right direction for savers by the main three parties in their manifesto and it is important we recognise these."

Expats in Spain that still own a property in the UK and are concerned about their retirement finances could receive a welcome financial boost using money from their property assets with an equity release plan.

Comment on this Story

Be the first to comment on this Story !!

Recommended Items

Related Articles

Related Blogs