Equity release type of financial services in the context of the intergenerational justice principle
Equity release type of financial services in the context of the intergenerational justice principle

Summary/Abstract: Innovative on the Polish financial market, equity release type of financial services do not remain neutral in terms of the intergenerational justice principle, which assumes that one generation should not live at the expense of another. The article constitutes a part of the discussion on the sustainable development concept, analyzed from the perspective of multidirectional financial transfers occurring within families. Its major purpose is to present the essence of equity release type services as well as discuss the dilemmas caused by them in the context of the intergenerational justice principle. The analysis and critical review of the subject literature and legislation in force were used in the course of the study. It was indicated that the assessment of financial decisions related to equity release services is of individual and ambiguous nature and also depends on the quality of everyday life financial risk management.

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