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Article: Can we all work together to give equity release strength in numbers?
- Article from:
- Mortgage Adviser
- Article date:
- August 27, 2008
CopyrightCOPYRIGHT 2008 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Catherine Couch
In the financial services industry, reputation is everything. If you cannot get people to believe you are providing a high standard of service, you will not succeed.
This was the challenge facing Safe Home Income Plans, the first major trade body that aimed to raise standards in the equity release industry.
Launched in 1991, Ship is dedicated to protecting equity release planholders and promoting equity release plans.
Ship emerged only a few years after equity release had already been hit by scandal. In 1988 a home income plan was launched that tarnished the industry's reputation and continues to have an impact ...