PA360: Equity release on the cusp of 'revolution'

Equity release experts agreed it was important to educate both clients and advisers about the growing lifetime mortgage market and it would continue to expand as more people looked to property as a way to fund retirement.  Aviva UK head of savings and retirement Alistair McQueen said making pension saving stretch as people lived longer after retiring was a growing challenge.  He added: "We are all having to look beyond core pension wealth. The second biggest source of wealth for many in the UK is property and these products [equity release] must be brought to the table. "Aviva see ...