We all admit there is a clear need for quality advice in the equity release market says Elizabeth Boardall. However, how should this be delivered?
Most industry commentators agree that equity release is set for rapid expansion in the future, so as more lenders enter the market the need for quality impartial advice is crucial. It is reassuring to know that the products available now offer far more choice and flexibility. Moreover, people can rest assured that the vast majority of products must now adhere to strict guidelines applied in the name of treating customers fairly. SHIP (Safe Home Income Plans), the body dedicated to the protection of plan-holders, education of consumers and the promotion of safe plans has made considerabl...
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