Dean Mirfin analyses recent market results and concludes a more positive outlook for equity release
Within the equity release sector, the measure of new business levels has been fundamentally skewed through our own volition. In real terms, lending figures fell during the economic downturn. But we can now be more positive as the latest Key Retirement Solutions Market Monitor has revealed that levels of lending are now increasing. What has been little discussed over the past five years has been the drive within the sector towards flexible drawdown products, and the effect that this has had on the shape of the market. The latest figures reveal that 75% of new business is now drawdown, c...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
