Advisers see equity release as future of pensions

The results of Prudential’s latest Adviser Opportunity Survey, also reveals 21% believe equity release will become the biggest area of growth for retirement provision. In the survey, which asked advisers how their business has changed over the years since they first started out, 74% of advisers said in the 1970s the biggest sector of business was savings while 69% focused on insurance products, and 64% saying pensions. However according to Prudential, by the time the 1980s arrived, pensions advice was more dominant with 76% of advisers, followed by insurance products at 71% with savings...