The number of Britons looking to release money from their property to fund their retirement has risen to 61%, according to a report from the Equity Release Council.

More than one million families are expected to contain more than one retired generation by 2034 – a 32% increase on the 813,000 multi-retiree families seen currently, according to a new study.

The FCA’s thematic review - which investigated how firms were providing retirement income advice - has demonstrated the value of a good Financial Planner, according to financial professionals.

Retirement specialist Just Group has partnered with private investment firm Sparrows Capital to launch a retirement income solution which the two companies say will help advisers with decumulation strategies.