
Could your home form part of your pension pot?
Growing numbers of homeowners are approaching retirement with paltry savings and meagre pensions, leaving them asset rich but cash poor. Nick Birdseye, strategic partner development director at Legal & General Home Finance, explains how retirees can tap into the funds in their home to achieve their retirement dreams. Retirement has changed significantly over the past 25 years. Not only is it lasting longer, but the final salary pension schemes that many people had in the past