The Council’s CEO, Jim Boyd will be chairing a panel session at this years’ conference.
The later life lending market has grown strongly in recent years, propelled by a powerful combination of socio-economic drivers that seem set to continue in the years ahead. On the one hand: an ageing population; insufficient pension savings; greater indebtedness into later life; and, the looming interest-only ‘crisis’. On the other, an abundance of largely untapped housing wealth owned by older age groups. Given this context, it seems likely that housing wealth will increasingly be utilised to help fund the retirement journey.
Product innovation and improved availability have helped facilitate and further fuel growth. The product set is becoming wider and the number of industry players has increased – with more poised to enter. For the financial services industry, this market presents a significant growth opportunity.
This conference will analyse the latest trends and developments in this exciting market, and share ideas on how best to meet the challenges, mitigate the risks and seize the opportunities that it presents.