Moneyfacts launch equity release advice service with Just Retirement

Moneyfacts.co.uk, the fully independent service providing "best buy" information across a wide range of financial products, chose Just Retirement Solutions to provide its new equity release advice service to ensure customers exploring their retirement options received the highest standards of service.

Equity release allows older homeowners to release cash tied up in their home without having to move.

Just Retirement Solutions is the equity release advice arm within Just Retirement (Holdings) Limited, the specialist UK life assurance group focusing on the provision of financial services to those at or in retirement.

Stephen Lowe, Group External Affairs and Customer Insight Director of Just Retirement, said:

"This new partnership builds on our established relationship with Moneyfacts and creates an exciting new opportunity in a growing market.

"As the ‘baby boom' generation move into retirement, many will need to find ways to supplement their pension income or pass on money. More and more people will be looking at how best to use the wealth tied up in their homes.

"We are delighted to partner with Moneyfacts.co.uk which has an enviable reputation for providing consumers with detailed, up-to-date financial information. Equity release is a complex and sensitive area and this partnership gives customers access to professional advice and expertise to make sure they fully understand their options and receive tailored advice."

Just Retirement Solutions specialises in expert, advice on equity release focused on the clients' needs. Advisers carry out a full state benefit review to see what clients are entitled to and what they are claiming and also actively encourage them to have family or friends present at the consultations.

Richard Eagling, Head of Pensions at Moneyfacts Group, said:

"Releasing equity from your home is a big decision that needs careful consideration of the different options available, something that can only be achieved through expert advice. For such an important choice, we are glad to be teaming up with Just Retirement Solutions to offer this comprehensive service to our customers."