A letter Marketing from the MD of Millennium gave an interesting but not surprising statistic. The GreyPower survey (30,000 people who are 50+) shows that 70% of the 50+ have pensions of £20,000 or less. However, more than 60% own their own homes without any mortgage. For sometime I have said that there is going to be a big business in selling financial products that allow people to release equity from their properties. These figures seem to substantiate this prediction. Dick Stroud www.20plus30.com
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