Boost your retirement coffers using your home
The government has improved its home equity release scheme to attract more retirees needing extra funds.
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It is no coincidence that the government is increasing the attractiveness of its Pension Loans Scheme at the same time as increasing the number of home care packages.
At some point, everyone who wants to remain living in their own home until the end will need to make a greater contribution to the cost of the services they may receive.
Home equity has been steadily making its way into the government’s retirement funding strategy. The government now has a plan to promote its reverse mortgage offering and get people comfortable with the idea of using some of the money tied up in their property to fund their lifestyle and their government-subsidised home care packages later in life.
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Packaging change saves 27 tonnes of plastic for ASDA
Earlier this year IPL changed the packaging format of their Garden Gang Pears from a punnet to a fully recyclable, low density polyethylene (LDPE) bag, saving 27 tonnes plastic and removing over 1.5 m units of packaging.
IPL is owned by and supply Asda exclusively, the focus of the company is to simplify the supply chain reducing cost which can be passed on to the Asda customer.
To support Asda’s commitment to reduce the use of plastic in the business, IPL aims to remove 350 tonnes and 200 million units of plastic from their packaging in 2021. “We plan to extend this packaging to our Conference pears later in 2021 to deliver a further 170 tonne reduction,” explains Paul Rogan, Packaging Analyst at IPL.
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