Advice Guru Lending Podcast

episode artwork

Stuart Powell

08 February 2023

27m 29s

Jim Boyd CEO Equity Release Council: Later Life Lending for the industry

00:00

27:29

This episode is designed for everyone who works in, or is interested in the Later Life Lending industry.

Jim Boyd discusses various topics including:

-the development of the ERC in the last 18 months

-the purpose of the ERC

-the 23 competency framework standards underpinning the advice process

-marketing support for advisors

-webinars for support: vulnerability, scams, FCA Consumer Duty

-the ERC and the FCA. Building a relationship to support members

-membership numbers. Which huge national brands have recently joined?

-how the ERC website obtains leads for advisors

-how the industry will grow in 2023 and the outlook for the economy

-Stuart describes the huge benefit to his clients mental health caused by reducing her debt using a LifetimeMortgage

-how we could all share our real life stories of clients taking out a Lifetime Mortgage and how it has created benefits for them