A new approach

However, the equity release industry is very different now. The emergence of trade body Safe Home Income Plans (SHIP) has done much to raise standards and customers have the security of "no negative equity guarantees" when dealing with SHIP members. However, old perceptions still persist and clients and their advisers still remain hesitant when looking at equity release products. Looking at today's retirement patterns there does seem to be scope for equity release to play a real part in people's retirement planning. Far from being a product to be resorted to in dire straits, people can ...