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PFS offers guidance in lifetime mortgages

The Personal Finance Society, the UKs largest professional body for financial advisers, is next month rolling out its fourth quarters regional meeting programme across the country.

The workshop sessions will focus on the issues surrounding advising on lifetime mortgages, a topic that is rarely out of the headlines these days.

The workshops are being held from as far a field as Elgin, right up in the highlands of Scotland, to Bodmin in Cornwall.

The sessions will be wide ranging and will cover the issues of the yield gap between borrowing and investing, product types, lifetime mortgage v reversion, cash v drawdown and family involvement and State benefits. They will also take in an overview of the history of the lifetime mortgage market.

Advisers attending the sessions will come away with a firm grasp of the key points, the benefits and the pitfalls surrounding lifetime mortgages that they will need to convey to their clients in order that a full assessment of the clients suitability may be carried out.

Following the success of the regional meetings held in the first half of the year the society has decided to maintain the current format of a morning Business and Development session and Technical Workshops in the afternoon.

Attendance to the seminars is free to Personal Finance Society members. Non members will be charged 60.


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