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Moneyfacts launches equity release advice service

Steve Lowe Just Retirement 2012

Financial comparison website Moneyfacts.co.uk has partnered with Just Retirements Solutions to launch a restricted equity release advice service.

The provider’s panel is made up of Aviva, Bridgewater, Just Retirement Limited and Stonehaven.

Moneyfacts Group head of pensions Richard Eagling says: “Releasing equity from your home is a big decision that needs careful consideration of the different options available, something that can only be achieved through expert advice. For such an important choice, we are glad to be teaming up with Just Retirement Solutions to offer this comprehensive service to our customers.”

Just Retirement Solutions Group external affairs and customer insight director Stephen Lowe (pictured) says: “As the ‘baby boom’ generation moves into retirement, many will need to find ways to supplement their pension income or pass on money. More and more people will be looking at how best to use the wealth tied up in their homes.

“We are delighted to partner with Moneyfacts.co.uk which has an enviable reputation for providing consumers with detailed, up-to-date financial information. Equity release is a complex and sensitive area and this partnership gives customers access to professional advice and expertise to make sure they fully understand their options and receive tailored advice.”

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Comments

There are 3 comments at the moment, we would love to hear your opinion too.

  1. So Moneyfacts; that bastion of wholly inclusive impartial research, the ‘no-stone-left-unturned’ scrutiniser of everything and anything looking remotely like a financial product, is to offer a restricted equity release advice service. That’s just 4 out of the 9 Equity Release Council member providers in the marketplace today.
    What a strange juxtaposition for a ‘comparison website’. No doubt they will emblazon a large warning across their website to make the visiting public aware of the limitations of their service.

    Simon Chalk
    Equity Release Planner

  2. Another independent comparison website gone down in my estimation….must have got jealous of Mr Lewis and thought ‘We could do with a piece of that’.

    So, who is now going to buy MoneyFacts?

  3. Jason Loveridge 6th October 2012 at 2:18 pm

    Limited panel is quite a dangerous move, especially for a comparison site. I wonder how many Aviva plans Just Retirement will advise on?

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