Equity Release intermediaries call for qualified adviser list

Equity release intermediaries have called for a list of qualified advisers to be provided to inform consumers about access to independent advice, reports Mortgage Solutions (4/12/06).

The call for a list came as the Financial Services Skills Council (FSSC) said it prepared to publish its examination standards for home reversion plans.

Sixty Plus comment: This could only be a positive move.

We have seen several reports this year that there is a lack of qualified equity release advisers so the more that is done to help people find advice, the better for all concerned.