Equity release sales rise 18%

Independent equity release adviser, Key Retirement Solutions, say:

"Retired homeowners are increasingly using equity release to help family as the housing market recovery boosted cash released to £216.9 million in the first quarter of 2010..."

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96% in favour of full regulation of the SRB market

Bridgewater Equity Release has revealed the results of an academic survey conducted by Northumbria University with its support:

"The vast majority of respondents (96%) were wholly in favour of full regulation of the SRB market; currently the market is subject to interim regulation of which 75% of advisers were aware..."

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Only 8% of Britons regularly consult an IFA

Research from SHIP (Safe Home Income Plans) reveals that:

"Only 8% of Britons regularly seek financial advice from an IFA when it comes to planning their retirement finances..."

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