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

Equity release schemes may rise in popularity when future government ‘defaults' on retirement promises.

Tue 27th Apr 2010

A future UK government will be forced to default on retirement promises due to the "ballooning" of the country's current deficit, it has been claimed.

This could lead a number of people to seek equity release advice to look into ways of boosting their retirement funds.

According to Oliver Russ, manager of the Ignis Argonaut European Income Fund, the default could come any time after 2020 as none of the three main parties have comprehended the "dire" state of the UK's finances.

"We are not going to grow our way out of trouble, given the current policies of the major parties," he said.

Comment on this Story

Be the first to comment on this Story !!

Recommended Items

Related Articles