Standard Life has joined the equity release market with a range of lifetime mortgage products launched in partnership with Key Group.
The range branded Standard Life Home Finance will be provided by Key Group and will use its platforms to help advisers assist over-55 homeowners to unlock any assets they have built up in their property. The range will gradually roll out to advisers from October this year. By the end of the year, the products will be readily available to all advisers. Standard Life managing director of retirement solutions Tom Ground said: "The money people have invested in their property should not be overlooked when it comes to financial planning, and alongside pensions savings, this new lifetime mo...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes