Later Life

Key Partnerships sees 46% rise in referrals

Rozi Jones
|
15th May 2018
partnership business together joint
" We are growing our support for these industry events to meet the rising demand from advisers for expert independent referral services."

Key Partnerships has seen a 46% increase in adviser enquiries in the first quarter of 2018 and aims to further support advisers looking to develop their later life lending business by extending its backing of Financial Services Expo.

Key Retirement Group says it is seeing growing interest amongst intermediaries who wish to offer their clients access to the benefits of equity release but may not have the necessary permissions to provide advice themselves.

FSE Manchester will take place tomorrow at the Emirates Old Trafford will feature later life lending as part of its biggest ever seminar programme.

Dean Mirfin, chief product officer at Key Retirement Group, will be part of the first panel session of the day on later life lending – analysing the trends driving growth in the rapidly expanding equity release market and exploring the opportunities and pitfalls of advising in this industry.

Representatives from Group companies more 2 life and Key Partnerships are also exhibiting at the event and experts from the companies will be on hand to support intermediaries.

Other debates at FSE Manchester include a focus on the effects of GDPR on advisers as well as sessions on residential mortgage lending and the buy-to-let market.

Sessions start from 10am and all attendees will earn Chartered Insurance Institute CPD points for attending seminars. The 40-plus exhibitors at the event will include major lenders plus distributors, networks, insurance providers and technology companies.

Jason Ruse, head of Key Partnerships, said: “Opportunities in the equity release market are growing rapidly and should be a major part of business development for advisers and intermediaries. We are growing our support for these industry events to meet the rising demand from advisers for expert independent referral services.

"We have seen a 46% year on year increase in the number of advisers who have approached us for support with equity release referrals and are keen to hear from other firms who are also interested in offering these products to their clients.”

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