Huge opportunities for equity release advice - report

The provider's survey The Role of Home Equity in Retirement Planning - believed to be the largest report of its kind - found that 44% of consumers do not know where to seek advice and nine in ten cannot name a provider. Stephen Lowe, group director of external affairs at Just Retirement said: "Advice has a crucial role because it helps overcome misconceptions about how equity release works and highlights the consumer safeguards in place." Around a fifth (19%) said they would speak to a financial adviser for equity releae advice. Others said they would prefer to seek advice from a b...