Equity release developments


Our panel of industry experts debate the key issues the equity release industry has had to get to grips with over the past year as well as giving their predictions on how it will develop

What do you think were the key issues equity release providers and IFAs grappled with over the past twelve months? Haggart: Last year (2008) was a year of significant change on a number of fronts. Andrea Rozario's appointment as director general of SHIP was a significant step forward and the support all the SHIP members gave to enable this appointment to come to pass is already paying dividends. Having a stronger trade body has served us well in a year when the full impact of the credit crunch came home to roost. For the industry the issue of funding lifetime mortgage business came shar...

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