Advisers confused over eq release and state pensions

Around a quarter of advisers say they refer their clients to another source for information on how equity release can affect state benefits. A huge 88% of equity release clients do not fully understand how the two vehicles interact. Although roughly half of equity release clients rely fully on advisers for information on the effects of equity release on state benefits but 37% of advisers feel they have no clear way of keeping up with these changes. The other half of equity release clients are not drawing state benefits they are entitled to. "These findings highlight how important...