Age Partnership Shadowing Service

Equity Release (Archived)

Opportunity for any adviser to shadow one of Age Partnership's equity release advice meetings

Age Partnership takes a lead in growing the equity release advice industry, as new money means sector set for rapid growth

Age Partnership, a leading retirement income specialist, has launched the first widely available service offering those looking to enter the equity release industry a first⁠-⁠hand experience of the market by shadowing an experienced adviser.

The service helps to fill the gap for new advisers between completing their qualifications and advising their first equity release client. They do this by shadowing an Age Partnership adviser on client appointments, including:

  • Spending time with the Age Partnership adviser beforehand to look at the preparation work
  • Sit in on the meeting to see the fact find and advice process first hand
  • Spend time with the adviser after to experience the research process
  • Attending any follow up meetings with the client

Simon Chalk, equity release expert at Age Partnership, comments:

"In the Spring of this year, I presented on equity release to over 500 mortgage advisers at a series of roadshow events for the Society of Mortgage Professionals; the idea being to encourage them to start including equity release in their services to clients. The response was hugely enthusiastic but over lunch the same questions repeatedly cropped up: what should the fact⁠-⁠find contain? How do we research? What goes into the suitability report?

“This unique new service will answer those questions and help prepare the mortgage adviser for including equity release in their armoury. By shadowing one of our field⁠-⁠based advisers, they will see for themselves that if conducted properly, there is nothing to fear from getting involved in equity release.

“Everyone involved in equity release wants the same thing: serious market growth. For that to truly happen, it is critical that the sector attracts new business⁠-⁠writers and doesn't simply look to encourage referrals alone. In bringing this excting initiative to the market, Age Partnership is stepping up to its responsibility as a market leader and extending a hand of friendship to aspiring advisers.”

Adam Carnall, head of partnerships at Age Partnership, comments:

“We see this as a win⁠-⁠win situation for everyone involved. If an adviser takes advantage of this service and decides to offer equity release advice in future, we will have given them a helping hand in becoming the kind of well trained and experienced adviser that the industry needs. With more money coming into equity release, we need more qualified and practicing advisers so that equity release becomes an increasingly mainstream financial product.

“If they decide that offering equity release advice is not for them, they get to see our advice first hand which we will think will give them the confidence to refer business to us in future.”

Contact Details:

Simon Chalk, Technical Manager – Equity Release


Tel: 07734 151 251


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*Source: My Touchstone based on equity release, annuities and drawdown sales via Financial Intermediaries

Important Information — Equity Release

Equity release may involve a home reversion plan or lifetime mortgage which is secured against your property and will reduce the value of your estate and impact funding long⁠-⁠term care. To understand the features and risks ask for a personalised illustration.

As multi-award-winning equity release specialists we provide informative advice covering your options as well as explaining how equity release will affect potential inheritance and how your entitlement to means-tested benefits could be affected now or in the future. We provide initial advice for free and without obligation. Only if your case completes would our advice fee of £1,895 be payable. Other lender and solicitor fees may apply.

Age Partnership Ltd is authorised and regulated by the Financial Conduct Authority. FCA Register Number 425432. Age Partnership Ltd, 2200 Century Way, Thorpe Park, Leeds LS15 8ZB.

Think carefully before securing other debts against your home. By extending the term of these debts you will be increasing the overall cost.