Age Partnership

Age Partnership: retirement financial advice in the UK

Age Partnership is a British financial advice firm focused on people at the retirement stage of life. Its work centres on helping clients explore solutions to release money from their home or turn pension savings into income, as well as later life planning services. The company states it has more than twenty years of experience providing retirement financial advice and operates from its Leeds headquarters.

Equity release and other mortgage solutions

The firm's main area is equity release and mortgage advice. Among the alternatives it presents to clients are equity release through a lifetime mortgage, standard repayment mortgages, drawdown lifetime mortgages and retirement interest-only mortgages (RIO). It also offers a review of equity release plans or existing mortgages.

The website includes an equity calculator that estimates how much tax-free cash could be released from a home. The calculation requires the approximate property value, the outstanding mortgage balance, the age of the youngest homeowner and an email address.

The firm explains that it provides initial advice free of charge and without obligation, and that an advice fee of £1,995 applies only if the case completes. It also notes that other lender and solicitor fees may apply. The legal information states that equity release may involve a lifetime mortgage secured against the property or a home reversion plan, which reduces the value of the estate and affects funding for long-term care. Age Partnership advises on lifetime mortgages only. Equity release requires paying off any existing mortgage, and the money released, plus accrued interest, is repaid on death or on moving into long-term care.

Pensions and retirement income

In the pensions area, the company offers a retirement income service and advice on getting a return from accumulated savings. Its range includes lifetime annuities, fixed-term annuities, pension drawdown and a pension review service called Pension MOT. It has pension income and pension tax calculators, as well as an annuity calculator that compares quotes from the whole of the annuity market.

Later life planning and insurance

Within its later life planning area, Age Partnership offers Lasting Power of Attorney (LPA) services, with information on what an LPA is, a dedicated application service and the option to speak to a specialist. It also offers home insurance through a quote service.

Awards and reviews

The company states it has received numerous awards for the quality of its service and highlights client feedback as its main rating. According to its presentation, it has been rated "gold" for customer experience by an independent Investor in Customers assessment. The website also displays Trustpilot reviews.

Corporate structure and regulation

Age Partnership is a trading name of Age Partnership Limited, with its registered office at 2200 Century Way, Thorpe Park, Leeds, LS15 8ZB. The company is registered in England and Wales with number 09073284 and its VAT registration number is 162 9355 92. Equity release, mortgage and home insurance services are provided by Age Partnership Limited, authorised and regulated by the Financial Conduct Authority (FCA) with number 425432 and registered in England and Wales with number 05265969.

The pension income service is provided by Age Partnership Wealth Management Limited, also authorised and regulated by the FCA with number 670493 and registered in England and Wales with number 09073664. The later life planning service is provided through Age Assist Limited, part of Age Partnership Group Limited, registered in England and Wales with number 08340133.

Customer service

The firm serves its clients by telephone through a freephone number and has a UK-based team. It also offers the option to request a callback and to order a free equity release guide by post. It has dedicated sections for existing customers, business partners and job applicants.

Location and contact

2200 Century Way, Thorpe Park, Leeds, LS15 8ZB · Telephone: 08080 555 222 · Email: enquiries@agepartnership.com