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IFS launches equity release qualification

The IFS School of Finance is launching a qualification called the Certificate in Equity Release.

From April 6, the Financial Services Authority will regulate the sale and marketing of all equity release products including home reversion plans. The new qualification takes this ex-panded remit into account.

Registration for the certificate will begin on March 5 with the first exam scheduled for April 10. It costs £130 to register for the certificate, which includes learning materials and one exam.

Those who already hold a qualification for lifetime mortgages can complete a top-up unit from April 10 for £70. This includes home reversions.

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