Category: Equity release

In a discussion paper on Intergenerational Differences, the regulator noted that, in general, only insurers feel able to offer equity release.

Since 2017 GWlegal has changed the way it works with heavily integrated IT systems and to promote flexible working for staff. This modern approach is said to provide a better work-life balance.

Nationwide Building Society was first big six mortgage lender to launch a RIO mortgage last month, while Leeds Building Society entered into the market in June 2018.

Furthermore, the total number of new equity release customers increased by 32% year-on-year in Q1 2019.

The projects, announced at the Annual General Meeting (AGM), include a competency framework to guide industry professionals on the journey from entering the market to competent status and guide them as they seek out continuing professional development (CPD) opportunities

This month the club added OneFamily to its equity release panel, and Rob McCoy, senior product and business manager, said TMA will launch a technology platform later in the year to support its directly authorised members.

He joins more 2 life with over 12 years of experience within financial services industry and was previously a BDM at dormakaba, providing cloud-based access control systems to SMEs.  

It will take place at the Madejski Stadium, Reading on the 25 June,targeted at advisers working in the later life market looking to broaden their knowledge. The key note speaker is former WBC Heavyweight boxing world champion, Frank Bruno.

The report entitled ‘Cracking the Care Code’ showed about 44% said they would use savings and investments to fund some or all of their care, 40% believe their pension income will be enough and around 19% said they would need to use property wealth.

The workshops, targeted at advisers who are already qualified to offer equity release, aim to give IFAs the know-how to establish themselves as the later-life lending experts in their local area.