Equity Release Club launches rewards scheme

The free Unity Rewards scheme is designed to thank all members that engage with the club, those who use its AIR Sourcing system and also those who are members of the Later Life Academy.

From today, members will earn points on their account for each application, completion, Wills & LPA, legal instructions, KFI request, funeral plan, FreeBen and deposit sense license. There is no minimum level of business to earn points, and the Club will also be announcing additional ways to earn points in the coming weeks.

Once those points have been built up, they can be swapped for cash or benefits, plus points can also be contributed to a nominated charity.

In addition to the launch of Unity Rewards, members can now secure access to a free upgrade of the Air Sourcing system – sponsored by Pure Retirement. Version 2 of the system offers: online factfind and suitability reports; a range of online calculators and tools; the ability to instruct Wills & LPAs, and conveyancing; and marketing and download support section.

Stuart Wilson, Group Managing Director at Answers in Retirement Ltd, commented: “It’s incredibly pleasing to see the Equity Release Club reaching its 10-year anniversary milestone. It represents 10 years of successful and successive growth, over a period which has presented many challenges, not least the fact we launched just prior to the Credit Crunch and subsequent recession. However, we have overcome such challenges and believe we’ve created a proposition that delivers real value and support to our much-valued membership.

“We now have over 3,500 members right across the UK and are very grateful for all their support, and that of our provider partners. The Equity Release Club is now the biggest B2B distribution model in the equity release sector, and a top three overall distributor. To celebrate such achievements, and to reward our loyal members, we are launching a Unity Rewards scheme, whereby members can earn points which can be turned into cash, benefits, or money for a favoured charity. It hopefully provides members with another great reason to use us.

“Overall, we are looking forward to working with, and providing more support and value, to our members. We’ve spent the last six months on the road, meeting many members at our training events, and we plan more of these later in the year to garner further feedback to ensure we continue to deliver the benefits they deserve. Once again, we would like to thank all those stakeholders who have contributed to the Club’s success – we truly couldn’t have done it without you.”