This week our Star Letter goes to Chris Hornby for his comment under the article: Equity release qualification proposal was ‘pure lunacy’.
He said: “I absolutely agree with Stuart.
“I really thought I was missing the point when it was first announced that the standalone qualification was being considered and even more so with the outcry when the FCA said it had decided against it (for now).
“I just cannot see the benefit of a restricted qualification, unless all that is wanted is equity release salespeople?”