Larger number of UK equity release customers are using the funds to support the cost of day-to-day living, according to a new report.

Total lending to homeowners over 55 via equity release grew by 24% year-on-year in 2021, according to the Equity Release Council.

Only 1 in 14 clients involve their children in meetings with financial advisers when discussing equity release, according to a new report.

Wealth manager St James’s Place has partnered with later-life services platform Air Group.