8 November 2008  

Retirement Plus stresses equity release opportunity

Equity release will be doubly important for consumers and their financial advisers, as people review their pension arrangements during the recession, according to Retirement Plus.

Assets locked in property could offer a lifeline to people whose pension savings have been hit by stock market falls and inflation - and to those who are locked into fixed incomes, the company will tell advisers at the Mortgage Business Expo in London later this month.

“We have chosen The 360-degree Broker Zone to exhibit at the Expo, in Earls Court on 12-13 November, in order to support advisers considering entering the equity release market” says Retirement Plus CEO, Duncan Young.

“Intermediaries, we believe, need all the help they can get from providers – especially now they must consider all aspects of their clients’ financial affairs - in order to offer best advice from whole of market. And, given that the equity release market is still buoyant, advisers have a real opportunity to make this an extra income stream,“ Young explained.

As well as mortgage lenders, Mortgage Business Expo will feature exhibitors and speakers from the general insurance, debt management, commercial finance and international property sectors.

ENDS

All media enquiries:
Retirement Plus, Duncan Young   020 7907 8591
Mainland PR, Melanie Bradley / James White 020 3008 7400

Editor’s notes

About Retirement Plus
Retirement Plus is a Milton Homes company which specialises in providing equity release products. The Retirement Plus range of home reversion plans allow UK residents aged 65 or older to receive full market value for a share of their property at the start of the plan, in return for which they grant Retirement Plus an option to acquire an increasing beneficial share in the property over the life of the Plan. Significantly, these products enable the owner to release their share of the property over time, rather than giving up the full amount at inception. The homeowner can also elect to retain a “protected share” of the property.

Retirement Plus is authorised and regulated by the FSA and is a member of SHIP, the body which is dedicated entirely to the protection of planholders and to the promotion of safe home income and equity release plans. Retirement Plus only accepts business from customers who have received advice from brokers registered with the Financial Services Authority.
Website: www.retirement-plus.co.uk