Retirement and equity release specialist Key is to launch a new holistic advice service for over-55s as part of an expansion of its advice services.

Consumer group Fairer Finance has called for housing wealth to be used to improve living standards in later life.

Later life lending - a type of equity release - has the potential to become the fourth pillar in retirement, according to the FCA.

Total annual lending in the equity release market grew by 11% to £2.57bn in 2025 (224: £2.3bn), according to the latest figures from the Equity Release Council (ERC).

Mutual insurer Royal London has rebranded the Responsible Lending equity release business it acquired earlier in the year as Royal London Equity Release.