View more on these topics

Personal Touch joins the Equity Release Council

The Equity Release Council has added Personal Touch Financial Services as a member.

The adviser network joins after the Council reported significant sector growth, with lending up 77 per cent to £697mn in Q1 2017 compared to the same period last year.

Personal Touch head of propositions Vikki Jefferies says: “The equity release market is extremely buoyant at present, and understandably so. Freeing up equity from your home is an effective and efficient way of funding retirement and accessing tied up cash.

“However, it is imperative that it is undertaken with the highest standards of advice and secure solutions.

“In order to shape this market going forward and ensure the very best outcomes for consumers it is essential that we have a voice and a platform to share our views. The Equity Release Council is that platform and we are delighted to be part of it.”



Equity release market split on FCA qualification decision

The equity release market is divided about the Financial Conduct Authority’s decision not to bring in a standalone qualification for lifetime mortgages. Earlier today the FCA confirmed it would not bring in the separate qualification, mooted in a consultation last September. Firms such as Old Mutual Wealth and Retirement Advantage back the standalone qualification, but […]


FCA drops plans for standalone equity release qualification

The Financial Conduct Authority has dropped plans to bring in a standalone equity release qualification. Last September the regulator consulted on plans to move away from the current system, where advisers must be mortgage-qualified up to level three to sell equity release. But today the FCA says it will keep the existing qualification following market feedback. […]


Equity Release Council announces new board directors

The Equity Release Council has appointed two new board directors following a vote by members. The two new directors are Key Retirement group director Richard Overson and Legal & General Home Finance managing director Steve Ellis. Overson is The Council’s first board director to represent an adviser firm. LV= head of retirement solutions Vanessa Owen […]

Health services

Challenges and opportunities

By Sarah Scott, marketing consultant On 22 February this year the charity Diabetes UK launched a fundraising initiative, #Swim22. They challenged individuals to swim 22 miles over the course of 89 days – a distance that equates to the width of the English Channel. Because of the time period the challenge is spread over, it […]

Pension - thumbnail

David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.


News and expert analysis straight to your inbox

Sign up