Royal London has announced its specialist equity release advice service is now available for consumers and for financial advisers to refer clients.
The service will be available to consumers and aims to help them access specialist equity release advice to support their desired standard of living and ambitions in retirement.
For the service, advice on equity release is primarily provided by specialist advisers, with many financial advisers opting to refer this type of business to specialists.
Royal London chief customer officer, Jo Kite, said: “We’re delighted to offer specialist advice and later-life lending solutions.
“We believe the Royal London brand will bring confidence to those seeking to find the best solution to meet their later life needs, in what continue to be challenging market conditions.”
Royal London Equity Release Advisers offers access to specialist whole of market advisers on equity release and other later-life lending products, such as retirement interest-only mortgages.
The firm said this whole of market offering sets it apart from other services and provides products from all lenders who adhere to the standards of the Equity Release Council.
It comes a week after Royal London announced it would boost its presence in the space by bringing Responsible Lending under the Royal London brand.
tom.dunstan@ft.com
What's your view?
Have your say in the comments section below or email us: ftadviser.newsdesk@ft.com
