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Daily MailHow over-55s are cashing in £11million a day from their house value in 'equity release' to boost finances in later lifeDaily MailThe money was 'withdrawn' from the value of homes to pay for items such as care, home improvements and helping children get on the property ladder. Under equity release, property owners can take out a mortgage to release cash from their homes. Interest ...
PYMNTS.comIn UK, Name Checks To Accompany Bank PaymentsPYMNTS.comUK, the U.K. payment authority. As noted by Financial Times and other sources, the movement, which is one known as “confirmation of payee,” will take effect in 2019. The process is one where those sending money must enter the account number and the ...
Financial TimesWeekend catchup — this week's personal finance headlinesFinancial TimesLarry Fink, BlackRock's chief executive and chairman, said redemptions were a result of institutional investors such as hedge funds, pension funds and insurers shedding market holdings due to their concerns over tightening monetary policy, geopolitical ...
Money MagazineThe Mega Millions Jackpot Is Up to $1 Billion—and Time Is Running Out to Buy TicketsMoney MagazineMega Millions tickets cost $2 and up, and there are nine different ways to win cash prizes that range from $2 all the way up to the jackpot. The odds of winning the Mega Millions jackpot are 1 in 302 million, and in the extremely unlikely scenario you ...and more »
Money Expert (blog)Here's Why 25% of People are Paying Too Much For Their MortgageMoney Expert (blog)A survey by consumer group Which? has found that less than half of UK homeowners with a mortgage know exactly what rate they are paying. Of the 3,500 people involved in the survey, over a third of them didn't know what rate they were on at all. Overall ...
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