The role of housing wealth in funding retirement/FCA & Treasury news round up: mortgage and insurance rule reform plus latest consumer credit act update

In this week's episode, we delve into the detail of Fairer Finance's new research report looking at how more people can use their housing wealth to fund retirement.

With many more people likely to reach later life without adequate pension savings, our research suggests that as many as 51% of people may need to use housing wealth to maintain their standard of living by 2040. We dive into the detail behind the research and discuss policy solutions.

You can read the full report here: https://www.fairerfinance.com/insights/research-reports/how-can-housing-wealth-bridge-the-later-life-funding-gap

In the second part of the show, we take a canter through the latest consultations and updates from the FCA and Treasury. Already in May, the FCA have published consultations on their mortgage and insurance rules. While the Treasury has published an update on its Consumer Credit Act reforms and laid secondary legislation to regulate the Buy Now Pay Later sector. We talk through the headlines from these key reports.

Email us your questions and suggested topics for discussion to fairerfinance@fairerfinance.com