Retirement Plus has sought SHIP membership in order to support its plans for expansion in the equity release sector.
SHIP represents over 90 per cent of the equity release sector and a Code of Practice and professional Rules of Conduct bind all of its members. All providers who apply to join SHIP are required to have products and processes that comply with the SHIP Code and Rules.
Jon King, cairman of SHIP,commented: “We are delighted to welcome Retirement Plus to SHIP. As the second equity release provider to gain admittance to SHIP in this year this means we have already equalled the total for 2005. As the criteria for SHIP membership is so strict this is an extremely positive indication that equity release providers are taking their responsibilities to their customers seriously.”
Duncan Young, chief executive of Retirement Plus, added: “Retirement Plus has always operated to the highest standard and receiving membership of SHIP is a demonstration of our dedication to product integrity, customer service, honesty and clarity. We look forward to being an active participant in all SHIP’s endeavours in the future.”
