Inheritance concerns undermining equity release

The research, carried out on the firm's behalf by Datamonitor, also highlighted that a quarter of clients are anxious about the impact falling house prices will have. Duncan Young, chief executive of Retirement Plus, explains that while consumers were being pulled towards equity release by drivers such as smaller pension pots and higher living costs, inheritance concerns and instability within the housing market were putting them off. He continues: "We are also concerned that 13% of IFA customers do not understand equity release products. "There appears to be still much to be done by pr...