L&G appoints Key as equity release adviser

Legal & General Home Finance has agreed a tied distribution deal with equity release adviser Key Retirement as it continues its growth push in the lifetime mortgage market.

The appointment of Key as sole equity release adviser for Legal & General is the latest development in the expansion of the insurer’s lifetime mortgage proposition which has set a target of lending up to £200 million this year.

Advice will be provided by a team under the brand The Retirement Lending Advisers with Legal & General customers offered face-to-face advice on the full range of retirement lending solutions.

Bernie Hickman, Managing Director, Individual Retirement at Legal & General, said:

“Advice is crucial to the growth of the equity release market and customers need specialist expert support when exploring their options which is why we are working with Key Retirement… Read more at Financial Reporter