This is good news for Home & Capital, good news for Confused.com and good news for the consumer - particularly at a time when retirement planning is becoming more important as the state pension and occupational pension schemes are increasingly failing to deliver.
Cardiff, UK (PRWEB) April 8, 2010
Car insurance and energy comparison specialist Confused.com has reached an agreement with equity release adviser Home & Capital to become the price comparison website's exclusive partner for equity release.
Visitors to Confused.com looking for information on equity release will be able to click through to a microsite operated by Home & Capital Advisers. This will enable them to gain information about equity release and some of the lenders in the market, before speaking to an impartial adviser about equity release products available.
Paul Chohan, Head of Mortgages and Life Assurance at Confused.com said: "This is an important development for Confused.com as we extend the range of products and services available on our website. We know that the internet is becoming increasingly popular for accessing information and researching financial products for a wide selection of people, including the more mature audiences. We wanted to increase our offering in terms of retirement planning, and it made total sense to partner exclusively with Home & Capital who have an outstanding reputation in the industry.
"We are delighted to be the first aggregator to offer this service proving once again that it pays to be Confused.com."
Simon Little, Director of Home & Capital Advisers, said: "I'm delighted with this ground-breaking deal, which significantly strengthens our online presence. As people in and approaching retirement are increasingly accustomed to using online channels for market research on financial products, it is logical that information about how to release equity is available in this way. This new offering will open up a dialogue with many people who could benefit from equity release advice, and who will value the opportunity to discuss alternatives which are available.
"This is good news for Home & Capital, good news for Confused.com and good news for the consumer - particularly at a time when retirement planning is becoming more important as the state pension and occupational pension schemes are increasingly failing to deliver."
For further information please contact:
02920 434 398
Head of mortgages
02920 434 274
Notes to editors
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.
About Home & Capital
Home & Capital is a leading specialist in equity release, and was established 30 years ago in 1978.
As a founder member of SHIP, the industry body established in 1991, Home & Capital Trust was closely involved with establishing standards for consumer protection in the equity release industry.
The Home & Capital Trust Group Ltd is an equity release specialist whose businesses provide home reversion plans (Home & Capital Trustee Company Ltd), advise on equity release (Home & Capital Advisers Ltd) and administer over 3,000 equity release plans involving over £500m of properties (Home & Capital Trust Ltd).
Home & Capital Trustee Company Ltd provides a range of Home Reversion products, which are marketed solely through financial advisers.
Home & Capital Advisers Ltd provide specialist equity release advice to homeowners of 60+, and focuses on providing the best equity release solutions to suit individual needs and circumstances from providers in the whole equity release market who are SHIP members.
Home & Capital Advisers was winner of the 2008 What Mortgage Adviser of the Year award and runner-up in the Best Equity Release Mortgage Broker category at the Mortgage Strategy Awards 2008.
Home & Capital was the winner of the Moneyfacts 2007, 2008 & 2009 Best Home Reversion Provider Award.
Independent and privately owned until 2006, Home & Capital was then acquired by Sovereign Reversions plc, which is listed on AIM.