Equity release is growing strongly and Bower Retirement Services is looking to recruit more advisers. Helen Morrissey talks to new chairperson Andrea Rozario about her new role and the outlook for equity release.
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The Equity Release Solicitors’ Alliance (ERSA) has issued an alert to advisers after it became concerned more could be advising consumers on the products "not fully aware of the requirements".
Equity release specialist Bower Retirement Services has set out plans to double its adviser force following an upturn in business volumes.
A think tank has called on the government to buy parts of people's homes and deliver a guaranteed lifetime income in return, in a bid to bolster retirement income for low earners.
A telephone advice service offered by Aviva - originally believed to be a casualty of the provider's decision to exit advised sales in May - was in fact pulled months earlier after an audit flagged concerns over the quality of advice given to customers.
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