yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Top Links You Must Click On

Private Pension Sources Will Become More Important in the Future Says Think Tank

LONDON, January 14, 2013 /PRNewswire/ --

REFORM says financial products enabling people to convert assets into income streams, such as equity release, will become more important in the future

According to a new report published by independent non-party think tank REFORM, as the UK struggles to deal with an aging population, the baby boomer generation and beyond will have to look to private streams of income to fund retirement. The UK government is already feeling the pinch and as a result it has cut back on public spending while at the same time raising taxes.

Currently the government picks up the slack where consumers fall short. For example, in 2009 the UK government was responsible for 83.2% of the total spending on health care and 49.8% of pensioner incomes. Work and private capital were responsible for just 11.9% and 38.3% respectively of pensioner incomes. But this will have to change says REFORM.

REFORM says there will need to be a greater emphasis on personal financial support using products such as equity release.

Equity release is a simple financial product designed to unlock cash metaphorically 'locked up' in a homeowner's property. Despite being cash poor, many retirees are sitting on virtual pots of gold as their homes are worth hundreds of thousands of pounds; many of these retirees are completely mortgage free. Equity release schemes often work in a similar way to mortgages; a loan is given based on the value of the property, with regular cash withdrawals also available. There are various types of equity release plans to choose from, each offering different benefits.

Bower Retirement Services is one of the leading equity release advisory firms in the country. It can assist in choosing type and provider of equity release and BRS equity release is completely impartial and unbiased. Equity release can be suitable for pensioners as they offer income during retirement as well as large lump sums to cover, for example, overseas holidays and clearing any outstanding debts.

However, all the while REFORM predicts total pension spending by the government will rise from 5.7% of GDP in 2011-12 to 7.3% from 2051-52 but that there are questions surrounding where this extra funding will come from. With greater numbers of people in retirement vis-à-vis employment, funding a pension scheme similar to those currently in place is going to be a real challenge. Equity release plan could help to bridge the retirement funding gap.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the...
Ten short years ago, Apache Hadoop was just a small project deployed on a few machines at Yahoo and within a few years, it had truly become the backbone of Yahoo’s data infrastructure. Additionally, the current Apache Hadoop market is forecasted to surpass $16 billion by 2020. This mi...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Servic...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the n...
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will ad...
Apache Hadoop is a key technology for gaining business insights from your Big Data, but the penetration into enterprises is shockingly low. In fact, Apache Hadoop and Big Data proponents recognize that this technology has not yet achieved its game-changing business potential. In his ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers