As pension funds prove insufficient, more seek out equity release


The Pensions Policy Institute released a report on retirement income today, suggesting that pensions may be insufficient to achieve the quality of life that pensioners desire or require.

The PPI research director, Chris Curry, had this to say

“Many median earners who contribute to DC [defined contribution] pensions at average levels of 10 per cent of salary are unlikely to have sufficient state and private pension income to achieve a desired standard of living in retirement.”

As many equity release experts have been saying in recent years, traditional retirement financing faces many challenges. However, UK pensioners can remain very optimistic in rising to the challenge. Many are sitting on large amounts of equity in their homes. A change in perspective can often find new ways to meet the demands of modern life. Equity Release can now be seen as a first-choice tool in financial planning.

Use our equity release calculator to compare rough estimates of the amounts offered by the major equity release providers. Or for a more detailed and personalised comparison, call 0800 524 4839 for a free, no-obligation chat about equity release.

Responsible Equity Release is a trading style of Responsible Life Limited. Responsible Life Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register ( under reference 610205. Only if you choose to proceed and your case completes will Responsible Life Limited charge an advice fee, currently not exceeding £1,490. A lifetime mortgage may affect the value of your estate and your entitlement to means-tested state benefits. Our adviser will talk you through this and the setting up costs before you make any decision to proceed.

Responsible Life - Your Future, Protected.

Award winning equity release specialists.


0800 652 2955

Head Office

Responsible Life
Mills Bakery, Royal William Yard, Plymouth, PL1 3GE

Opening Times

Monday to Friday
9am to 8pm

9am to 5pm

Equity Release Awards - Finalist for Best Mortgage Adviser 2018

Copyright © Responsible Life Limited 2021. All Rights Reserved.