Trigold quizzes brokers on future of Equity Release

Nia Williams

November 7, 2008

The survey which is open to all advisors can be accessed via the Trigold website [www.trigold.co.uk] and one lucky respondent will win a brand new Apple iPod Nano which has a new shape, more capacity, and loads of other features.

The survey is designed to establish how important advisors see the Equity Release market for themselves and their clients both now and in the future. The survey also seeks to understand any barriers that advisors may face in recommending equity release products whether it is obtaining the right qualifications or perhaps creating the right compliance process.

Trigold will also court the view of advisors about the providers in the market and future requirements for technology to support the sales process.

David Aylmer, Business Development and Marketing Director at Trigold said: “The Equity Release market is one of the fastest growing areas in the UK for mortgage advisors and IFAs. Demand for Equity Release mortgages is growing rapidly creating excellent opportunities for advisors with attractive commission and fee levels.

“Our development schedule is highly influenced by feedback and an ethos of collaboration with all of our users whether lender, network, club or broker. With 7 out of 10 brokers using Trigold we believe that we have a tremendous responsibility to ensure that our system meets the need of the modern advisor and provides the tools and technology that they need to thrive in today’s market. If, for example, the results highlight a training issue then we’ll amend the curriculum of our Free Business Academy programme to help advisors address this need.

“We believe that a high proportion of advisors will have existing clients who will be reaching retirement age over the next 5 years with reasonable projected levels of equity in their homes. If this is a market that advisors should be gearing up to target then we’re working to ensure we support this.”

Brokers should visit www.trigold.co.uk to enter the survey

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