Reverse mortgage course launched
Jo-Anne Bloch
The Senior Australians Equity Release Association of Lenders (SEQUAL) has launched a reverse mortgages professional development program in association with the Financial Planning Association (FPA).
The SEQUAL Financial Planner Equity Release Program focuses on the role of the financial adviser in developing appropriate client strategies and providing reliable advice on reverse mortgages.
The intensive four-hour workshop examines regulation, financial calculations and alternative strategies for reverse mortgages with a CPD allocation and the option to study online.
FPA chief executive Jo-Anne Bloch believes care must be taken when advising clients on these types of products.
“It is vital that our members are provided with the right sort of training and support to maximise outcomes for their clients,” she said.
The initial series of workshops will be conducted in Sydney, Melbourne and Brisbane during September before being offered nationally. For further details or to register go to sequal education or fpa
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
