UK insurers' inroads into pensioner home loans raises regulatory questions

1 October 2019 4:06pm
UK insurers' interest in equity-release mortgages is drawing the attention of the country's financial regulator amid concerns that they open up new channels for the housing market to harm financial stability.

A rising trend for insurance companies to offer the loans is raising concerns about the impact of misselling and of exposing new parts of the financial system to a volatile housing market and potential misselling scandals.