A New IERAA For Equity Release

Debra Tricker, Director and Independent Financial Adviser and Geoff Morrey-Jones, Independent Financial Adviser of Professional Financial Centre (Exeter) Limited are delighted to announce the launch of the Independent Equity Release Adviser Alliance (IERAA).

Tuesday 7^th July, saw the official launch of the Independent Equity Release Adviser Alliance.  A well attended event was held successfully at The Walton Park Hotel, just outside Bristol.

9 of the top Equity Release providers were in attendance, along with ERSA and Assureweb.  In addition there were over 50 advisers, all keen to find out more about the Alliance.  A packed audience meant standing room only for some.

The event lasted the whole morning, with presentations from Tom Maloney of the Consumer Credit Counselling Service, Andrea Rozario of SHIP, Robert Sinclair, AIFA & AMI Director, and Peter Barton, Ashfords Solicitors.  After a break, Anthony Harris, Chairman of IERAA, then explained what the Alliance is all about and the reasons for setting it up.

Initial feedback was excellent and the signs are that many of the advisers will now apply to join.  The overwhelming feeling was that the launch of an alliance such as this was long overdue.  In fact it was Robert Sinclair who succinctly said that launching this Alliance was ‘a sign of an industry growing up'.

The Alliance aims to promote the use of highly qualified and experienced advisers.  These advisers will be totally independent of lenders and be able to demonstrate significant experience.

The focus for the Alliance over the next few months is to arrange further meetings to be held around the country to promote the Alliance to other advisers.