Dottie-Lou s special keepsake after winning our Cute Kids contest stokesentinel.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stokesentinel.co.uk Daily Mail and Mail on Sunday newspapers.
Older homeowners are releasing an average of more than £100,000 from their properties, in what is being termed a middle-class stampede towards equity release.
Two separate studies found that homeowners were able to access triple-figure cash pots when taking out equity release deals- also known as lifetime mortgages.
This is when older homeowners take out a new mortgage on their home, allowing them to access some of the money tied up in it to spend in their later years.
Older homeowners are getting an average of more than £100,000 when they take out equity release mortgages - but there are plenty of risks involved
Homeowners release £1bn of equity in middle-class stampede dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
The Solvency II regulatory regime is a harmonised prudential framework for insurance firms in the EEA. This single market approach is based on economic principles that measure assets and liabilities to appropriately align insurers risk with the capital they hold to safeguard the policyholders interest. Solvency II capital coverage ratio The Eligible Own Funds on a regulatory basis divided by the group solvency capital requirement. This represents the number of times the SCR is covered by Eligible Own Funds. Solvency II capital coverage ratio (proforma basis) The proforma basis Solvency II SCR coverage ratio incorporates the impacts of a recalculation of the Transitional Measures for Technical Provisions and the contribution of with-profits funds (2019 only) and our defined benefit pension schemes in both Own Funds and the SCR in the calculation of the SCR coverage ratio.
Investegate |Legal & General Grp Announcements | Legal & General Grp: L&G Full Year Results 2020 Part 1 investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.