To provide equity release advice to readership

London, 2nd June 2014 - Leading retirement specialist, Responsible Life, has launched an exclusive partnership with Reader's Digest UK – the household name lifestyle publication for the over 50s to provide robust advice on equity release, the tax-free way for the over 55s to raise capital from their homes.

In an environment of radical pension changes and increased life expectancy, retirees are increasingly looking for alternative answers to managing their finances in retirement. With house price growth continuing to provide a welcome boost to homeowners pension pots, equity release is playing an augmented role in the ever-changing landscape of these retirement options.

The affiliation is part of the renowned publication’s ongoing relaunch, following the recent purchase of the publication by Venture Capitalist, Mike Luckwell. An upgraded digital edition and website are currently being introduced.

Steve Wilkie, Managing Director, of Responsible Life, comments: “Customers are increasingly capitalising on the flexibility of equity release, using the equity from their home to fund their retirement - which would otherwise look bleak in a storm of low interest rates and poor performing annuities.

“This partnership provides us with a platform to reach the over 55s, to ensure they are aware of equity release as a way of addressing financial strain in retirement. We want to ensure that this option is openly explained and explored alongside all other retirement funding options.”

Mike Luckwell, Chairman of Reader’s Digest comments: “We are delighted to work with Responsible Life and to bring to our readers this type of financial help. This is the first of a series of planned marketing partnerships and changes to update and upgrade Reader’s Digest and will further enhance results following Reader’s Digest’s first profitable trading quarter for many years”.

See here for supplementary information.

- Ends -

Notes to Editors:

For more information contact:

Christina Gillings, Rhizome PR

T + 44 (0) 20 7297 3166

M + 44 (0) 7973 595 961

Sybil Fennell, Reader’s Digest Press PR

+44 7825 441 576

Mike Luckwell

+44 207 589 0984

+44 07836 243 076

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