Alice Watson | Source | Head of Marketing, Insurance at Canada Life UK
Alice Watson
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Canada Life UK (https://www.canadalife.co.uk/)
Head of Marketing, Insurance
started Jan 2020
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1.8m over 60s "underestimate care costs" | BestAdvice
11% of over-60s say they are currently caring for a family member, equating to 1.8 million people, according to new research from Canada Life. Those who are currently caring for a family member expected the cost to be, on average, just over £1,100 per month, whereas, in reality the cost was £1,60
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1.8 million people in UK are caring for family member, study suggests
An estimated 1.8 million people in the UK are currently caring for a family member, new research from Canada Life has suggested
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Canada Life cuts lifetime mortgage rates by up to 0.79%
Canada Life has reduced rates across its Lifestyle Options lifetime mortgage range.
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An objective for the home finance team, for example, is to support advisers who want to engage more with the equity release sector. One of the ways we do this is to run a range of educational workshops designed with advisers in mind.
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Despite the unforeseen challenges of the last six months, it’s very encouraging to see the equity release market continuing to evolve to meet the needs of the over-55s. Not only have interest rates continued to fall, but product choice has increased dramatically since the start of 2019.
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This unlocked capital can boost retirement pots, pay for home improvements or even fund a holiday.
