The Later Life Academy has launched to help brokers operate more effectively in the at-retirement market. Founder Stuart Wilson talks to Helen Morrissey about the need for increased education.
1. Tell me about how the idea for the Later Life Academy began It all started by looking at how the equity release market has struggled to deliver proper communication of the products on offer. This has been because many of the brokers operating in this area have come from the mortgage market, which is a very reactive market with products bought on the basis of rates. People buy mortgages – you don't sell them. The equity release market is very different, especially when you look at why people decide to take out an equity release product – they are doing it to fund renovations or a tri...
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