Legal & General selects Responsible Equity Release for SmartrRefer panel

Responsible Equity Release has been added to Legal & General Mortgage Club’s approved specialist distribution panel, SmartrRefer.

The pair have been working together for four years, and now L&G has chosen Responsible Equity Release as their new referral partner for Mortgage Club members, to provide access to up-to-date advice on equity release products.

SmartrRefer, formerly known as Club Extras, is a referral proposition allowing L&G advisers to refer complex client cases that they may be unable to progress themselves, to a network of selected partners firms.

Managing director of Responsible Equity Release, Steve Wilkie, said: “At Responsible Equity Release we are committed to getting the right outcome for our customers and are proud of our customer service record. If our products aren’t right for our customers, we’ll tell them.

“In an economic climate where the most significant wealth one is likely to have is tied up in the bricks-and-mortar of their home, we are finding that it is increasingly playing a part in over-55s retirement plans.

“However, many advisers are not qualified to advise on equity release. Even if they are qualified, they might not feel comfortable with the rate of change of the products if it’s not an everyday offering.”

On top of the up-to-date advice on equity release products, L&G members can also expect access to market-leading conversion rates, zero-indemnity risk guarantee – as Responsible Equity Release are the only broker offering 100% suitability of advice review – face-to-face service for all enquiries and applications, and marketing support to leverage the opportunity to drive leads.

Wilkie added: “Where an adviser may feel that equity release could be beneficial to their client but can’t or don’t want to advise them on it, they can refer the client to us. We will be with that client every step of the way, ensuring that not only are they receiving the best advice possible, but the advisers are enjoying the peace of mind that their clients are safe and protected.”

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