A greater understanding

Equity release has come a long way, since its launch in the UK way back in the mid 1960s. People often express surprise when they learn that equity release has such a long history in this country. Many drivers to the business have remained constant over that period and many have changed. One thing that has and continues to alter is the intermediary's approach and view of this growing market. In 2005, over 50% of the 'over 65s' wealth was held in bricks and mortar. (Source: Institute of Actuaries, Equity Release Report 2005). This figure is likely to have increased and more advisers are re...