Fiona Murphy goes through the results of this month's Inquiry and asks advisers how the market has developed.
Equity release has been gathering momentum as figures from the Equity Release Council for the third quarter of 2013 have shown.
According to the results, the total value of equity release plans agreed in the third quarter of 2013 reached £284.1m.
It has increased by 14% year-on-year and is up 15% compared to the previous quarter, representing "the greatest quarterly jump seen since 2004 (Q2-Q3 - 30.15% increase) and the biggest single quarter since Q3 2008".
The average amount released by customers has also reached its highest level at £57,107. The Council said this "amount is the largest since quarterly records began in 2002, potentially sparked by the ever increasing cost of living, coupled with the dwindling saving pots of the over-55s."
Meanwhile what is essentially a government backed version of equity release, deferred payment plans, could become more commonplace, as the care bill is passed and more people become aware of the need to self-fund care.
In addition, equity release plans themselves have been debated by policymakers over the past year.
Added to that a new provider, Pure Retirement has recently announced it is looking at entering the market this year. It has said it is "targeting a place among the top three lenders."
It will be the first new provider to move into the equity release sector since More 2 Life's entrance in 2010. The company is also a sister brand to the well-established Age Partnership, although the two will be run separately.
It will be interesting to see what impact Pure Retirement has on the market and what its proposition will look like. It's clear there is a lot of development happening in the industry, but are advisers as positive about the market?
In this month's Retirement Planner Inquiry, we asked advisers to tell us their thoughts on equity release and how it could develop further.
We distributed the survey via email to Retirement Planner readers with responses received from 46 advisers.
In our first question we asked: Do you advise on equity release? The majority (71%) confirmed they did, while 29% revealed they do not advise in this sector.
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