2010 shuffles a new hand

There is no denying that 2009 shuffled the ‘complacent’ cards of the equity release industry with some unexpected blows dealt by large product providers. The sector boasted a relatively sheltered position at the start of 2009, however, by the end, the industry had to admit that things had changed and year-on-year sales comparisons reflected a decline. Three months into 2010 and it is apparent that there is still a way to go before returning to the optimistic standpoint of previous years; as I write this I am made aware that another award winning provider has had to suspend lending for th...