The ifs School of Finance says equity release products are becoming a more important part of adviser business as the number of registrations for the Certificate in Regulated Equity Release (CeRER) has exceeded expectations.
The FSA began regulating the sale and marketing of equity release products on 6 April 2007 and ifs has received well over 2,000 registrations for the CeRER course since. The news follows figures released by Key Retirement Solutions, which indicate that public demand for equity release products has increased by 18% in the first six months of 2007. Commenting on the figures, Mark Roberts, head of financial regulation at ifs, says: “we have again developed a market leading qualification that goes beyond the minimum regulatory requirements, advancing skills and raising standards in the sector...
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