Committees and Working Groups

Comprising membership expertise from a range of disciplines including financial advice, strategic communications, marketing and policy development, this committee provides strategic direction to the public policy and communications activities of the Council, making recommendations directly to the our Main Board.

The long term care group is examining the potential funding system options and exploring how innovative equity release products could best fill the gap between the cost of care and the amount that people can expect the state to provide for them. The group is tasked with formulating an industry response to the gap in social care funding.

The conduct forum assesses the potential impact of key issues and thematic conduct risks within the equity release market. It considers any actions required, highlighting any that should be escalated through the Council and regulators. In addition, the forum reviews and considers complaints including any emerging trends with root cause both from market participants and consumers.

The competency framework working group is supporting the creation of the Council’s new competency framework which is aimed at setting the standards and guidelines around competence, training and qualifications for professionals in the Equity Release market.