The fairly recently introduced equity release schemes has been very popular over the last ten or so years. This offers a good way for people to unlock the cash value of their property for their personal use while still remaining in it. Many people have seen the value of their homes increase greatly and this offers a great opportunity to take advantage of that.
Pensions
Self Invested Personal Pensions, sometimes called SIPPs are a type of personal pension that provide investors with a higher level of freedom than other more traditional pension schemes. SIPPs provide pension holders the opportunity to decide what they invest their pension in or if they feel that they are not well versed enough to make that kind of decision, they can appoint a specialist investment manager to make the decisions for them. They are required to appoint a trustee who will track the performance of the Self Invested Personal Pension.
