New products will allow older people to sell their home and right-size to something that fits their needs better
Older people and those in retirement will find it harder to get significant loans as banks will naturally be risk adverse. Stock photo: Getty
Accessing credit in retirement can be extraordinarily difficult. Banks, understandably, take a cautious approach to giving loans out to pensioners on lower, fixed incomes.
Credit unions are a little more flexible, but not by much.