Ship votes for compulsory equity release exams

Ship says all advisers will have to sit the lifetime mortgages examination offered by the Chartered Institute of Insurers (CII), the Institute of Financial Services (IFS) or equivalent bodies in Scotland in order to work with any of its members. Since the launch of the Institute of Financial Services Certificate in Lifetime Mortgages last year, 2000 advisers have registered for the course. The trade body says it hopes its members making such qualifications a pre-requisite for working with them will encourage advisers take specialist examinations for equity release. Ship has also launc...