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Against this backdrop and with regulatory changes like Consumer Duty on the horizon, there is no doubt that introducers – especially those who operate in the mortgage market – are under pressure to not only support customers with their income needs in retirement but sustain their businesses.
So it is perhaps no surprise that with equity release products more flexible than ever before, we’ve seen a steady stream of introducers looking to expand their offering of these options to their clients.
Looking to the future, this is only likely to grow as affordability gets tighter, Consumer Duty implications become even clearer, and more organisations see the benefits these products can offer their customers. The last point is arguably the most important as 39% of existing introducers say these products allow them to help customers they could not previously support.
While there is no doubt that next year may be uncertain, organisations looking for insight, expertise and a partner that can guide them through the process of becoming an introducer should look no further than Key Partnerships.
