Defaqto boosts Aequoes Engage with equity release info

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DEFAQTO has added equity release information to Aequos Engage, the company's product search and selection engine for IFAs.

Some 63 products from 25 different providers have been added, with lifetime mortgages predominating. The move follows customer requests to add the data to Aequos Engage and reflects Defaqto’s belief that equity release will become an increasingly important part of retirement planning. David Black, principal consultant - banking, said: “Equity release is moving quickly into the mainstream of financial products and this move recognises this. "There is little doubt that equity release will become ever more important as under- funded pensions, low annuity rates and demographic factors fuel ...

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