As has been frequently pointed out over the past year, this is an incredibly sensitive area where advisers have to deal with vulnerable people who most often will not want to sign up to something that they do not completely understand.
Daren Carter’s words, therefore, are sensible and should be taken seriously by anyone looking to enter the equity release arena.
Whether in a time of credit crunch or not, equity release is a popular option for people looking to enjoy retirement and the regulated forms allow opportunities for an ever-growing population.
So it is absolutely crucial that the person advising on it has an inside-out understanding of what the proposition consists of before explaining it to others.
I just hope that these words can ring true with the industry and that equity release, in what is likely to be a busy year for advisers, continues on a steady and consistent path towards success.
Via e-mail
Try your luck in our latest quiz
get the daily news delivered to your inbox
find the latest industry jobs
