Don’t default to pension withdrawals in later life lending, advisers warned

A financial adviser in conversation with an older couple, with papers on a desk in front of them

Later life lending advice should explore all the options available to homeowners instead of defaulting to tax-free pension lump sums, Key Equity Release has warned. HMRC data analysed by Key shows a record 1.27 million people made flexible withdrawals from pension funds in the 2025/26 tax year, many of whom the equity release adviser says […]

Tech round-up: £1m legal AI launch and a new platform for SME firms

A hand points to a holographic image of scales of justice with the outlines of two heads on either side, one with the letters AI within it

A new AI operating system for the legal sector promises to enable AI adoption alongside firms’ existing technology infrastructure and case management systems. ClearPathOS, developed by ClearPath AI, understands the context surrounding a matter, case or transaction, its developers promise, with specialist AI capabilities that can “undertake research and reasoning… coordinate workflows, communicate with professionals […]

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