What role will equity release play in retirement?

For many of today's baby boom generation, home is not just where the heart is but where the wealth is too. The over-65s in the UK have over £750 billion of equity in their homes and managing that asset is one of the big tasks they face in retirement. Traditionally there has been a strong desire among older generations, whose lives were shorter and more frugal, to pass an inheritance on. But research by Just Retirement shows homeowners now heading into their sixties are taking a more pragmatic view, prepared to use home equity withdrawal strategies to underpin their living standards ov...