As we work to introduce these changes, it is important for lenders to continue to work closely with advisers, to understand the real needs of customers.
Accessing property wealth is becoming an increasingly important option to support people’s later-life financial planning, and I am confident that the industry will rise to the occasion and provide the right support for people to make the most of it.
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I look forward to seeing how the industry will continue to innovate and lead by example.
Craig Brown is chief operating officer for Legal & General Retail
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