Reverse Mortgage provider calls for more regulation

Mariner Retirement Solutions, a leading reverse mortgage provider, has called for more regulation of the reverse mortgage market. A recent Institute of Actuaries of Australia (IAA) roundtable said proper planning and greater consumer protections were key issues for the equity release industry. Mariner says they insist customers get their reverse mortgage signed off by a financial advisor, a solicitor and discuss the matter with beneficiaries.

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