Low interest rates on equity release products are driving more people to enquire about switching plans, specialist adviser Bower Retirement has said.
In a recent study the firm found more than half of advisers had seen a rise in clients looking to move their existing deal to a lower rate. About 12% had even reported a 'substantial increase' in interest...
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Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions