Press Release 105 - Joint Press Release from UKSA and ShareSoc
on behalf of individual investors
Dowd Report On Cost Of Guarantees Linked To Equity Release Mortgages
UKSA-ShareSoc welcome the publication of Professor Kevin Dowd's report on the valuation of embedded guarantees in equity release mortgages, which raises troubling questions about the quality and transparency of corporate reporting. It also raises concerns about the opaque relationship between regulators and regulated firms.
Equity release mortgages allow people over the age of 55 to borrow a proportion of ...