Stuart Wilson is chief executive at Air Group
If I was an outsider looking into the equity release and the later life market, part of me might sometimes wonder what all the fuss is about.
After all, the latest statistics from the Equity Release Council recently revealed total lending figures for 2020 of £3.89bn.
In a broader mortgage market of £230bn of gross lending, plus not far away from £200bn in product transfer activity, you might question as an adviser whether later life lending is a sector I really need to focus on, or indeed delve into.
Now, you might expect me to say this, but the answer is undoubtedly yes, and there are a number of reasons why you should, at the very least, consider your involvement.
If they progress through seven modules they reach professional status.
Stuart Wilson
(pictured), chief executive officer of AIR Group, said: “Securing accreditation from the LIBF has been the next stage in showing the quality and robustness of our training programme, and we have worked closely with the Institute in order to meet the high standards it expects.
“Having achieved those, we can rightfully position the academy as one of the premier providers of structured CPD and training in the later life advisory space.
“Part of our goal is to get as many advisers through to professional status as possible.
“What we need to show to consumers is they are in the safest of advisory hands when it comes to all their advice needs and by securing professional status, this is one further opportunity to develop consumer confidence in their proposition.”