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Ship shape

The pressure is being piled on Scottish Widows to join equity- release trade body Safe Home Income Plans. A Money Marketing poll reveals that over two-thirds of our readers think Widows should join. Last month, Widows was ordered to change its Key Facts Illustration by the FSA after faults were uncovered.

So surely it is time the stalwart of the UK financial services joined the body that strives to prevent consumer detriment? It is a lone voice as the only major equity-release provider either not part of Ship or not to have applied for membership, and a market that has plenty of problems gaining consumer confidence needs a united front. Money Marketing thinks the Widow should stop staring out to sea from the shore and get on board the Ship.

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