A growing number of retirees are turning to equity release to fund retirement according to a new report from insurer Norwich Union.
The insurer highlights an emerging trend of equity release, as an increasingly accepted part of retirement planning for many older workers.
Many are turning to equity release amid an ongoing pensions crisis, looking to their property to finance retirement in the future.
People are discussing equity release with their families and nine times out of ten their children are saying: "You've put the money in to the house, we want you to enjoy your retirement." This is an extra way of doing it.
Long term care insurance: News update: May 2007
