The Autumn edition of the 2017 Equity Release Market Report comes at a time when the challenge of ensuring consumers are equipped with adequate financial provision in later life has never been more at the centre of public debate. The UK’s older population continues to grow and the reality of a shift from defined benefit (DB) to defined contribution (DC) pensions will likely result in future retirees facing a greater shortfall in later life than previous generations unless a blend of savings, wealth and assets are used to fund retirement.
Download the CPWG Case study research and best practice tips. Covering: Duress, Fraud/Theft, Abuse of Power and DrawdownLogin to download this document
Consumer Information BrochureDownload
Minutes of ECR 23rd AGM, held on 27th April 2017Login to download this document
We have put together this guide to help you when advising your clients on equity release. This guide will not only show you the features of the available propositions, but also help guide you through the actual advice process. You will ﬁnd information on market background, reasons to engage in this market, and what qualiﬁcation routes are required in order to be able to advise on this type of product effectively. It is designed to give you a deeper understanding of the products, and the wider market, which will help you to become conﬁdent about engaging in this market, and in promoting the product’s features and beneﬁts to your clients.
Wealth accumulated via mortgage repayments reaches a record £62.7 billion in 2016 as UK faces a retirement income crisisDownload
Plans into Action
It’s become a bit of a cliché to talk about putting people before process. But it’s a phrase that sticks around because it’s a perennial problem organisations grapple with – particularly large ones, where it can sometimes feel that internal procedures work against customer service and common sense.
ERC Final 2016 Accounts - Companies HouseLogin to download this document
Equity Release Council - Response to FCA consultation on appropriate qualification exam standards, December 2016Login to download this document
This guide is designed to provide you with direction when you’re advising customers on equity release. It covers 13 of the most significant points to consider in the advice process and when you’re assessing the customer’s suitability for equity release. You should also refer to other industry practice notes for fuller details of the advice requirements outlined in MCOB Chapter 8.Login to download this document