SPRINGTIME IN SOLIHULL FOR BRIDGEWATER’S NEXT MASTERCLASS

02 April 2014

Bridgewater Equity Release, the home reversion specialists, has today (2^nd April 2014) announced it will be holding its first post-Mortgage Market Review (MMR) Masterclass in Solihull.

The Solihull event takes place on Tuesday 29^th April at the Village Urban Resort Hotel, The Green Business Park, Dog Kennel Lane, Shirley, Solihull B90 4GW. It begins at 9.30am for coffee with presentations starting at 10am. Lunch and networking will follow at 12.30pm.

The Masterclass will be taking place just three days after the introduction of the new MMR rules on the 26^th April which means advisers will be working within a new regulatory environment which requires ongoing compliance.

In order to help attendees understand their responsibilities Simon Tranter, Grainger plc’s Risk & Compliance Officer will be looking at the MMR rules, its impact on equity release and focusing on the suitability of advice from a provider’s point of view.

Other presentations include Jeremy Davies, Joint Managing Director of Symponia, looking at the long-term care marketplace and how equity release can play a part in funding client’s needs in this area. Finally, Chris Prior of Bridgewater will look at a variety of adviser issues including how to generate and convert more leads and how best to put in place a strong introducer network.

The Bridgewater Masterclass is free to attend and all equity release advisers are welcome – the event is aimed at those individuals who want to meet the highest standards in the marketplace.

Chris Prior, Manager, Sales and Distribution at Bridgewater Equity Release, commented:

“On April 26^th our marketplace undergoes a considerable number of regulatory changes and therefore the first Bridgewater Masterclass post-MMR implementation should be a must attend for all equity release advisers. Recent industry research suggested a considerable number of advisers are not au fait with the MMR rules and what it means for their businesses. They have a limited amount of time to understand this and by the time our Masterclass begins in Solihull on the 29^th of this month they should be in a position to continue trading compliantly. The main focus of this session will be the MMR and helping attendees get to grips with the changing environment however we will also be looking at important areas such as long-term care as well as a back to basics session aimed at helping advisers get the most out of the business opportunities that currently exist. We therefore look forward to seeing the equity release community come together to discuss these issues and much more at the end of the month.”

To register to attend an Equity Release Advice Masterclass, please contact Chris Prior on cprior@bridgewaterequityrelease.co.uk or phone 07917 463990.

For more information on Bridgewater Equity Release, please visit: www.bridgewaterequityrelease.co.uk

ENDS

For further information please contact:

Chris Prior, Manager Sales and Distribution, Bridgewater Equity Release, Mobile: 07917 463990

Rob Griffiths, White Dragon Communications Ltd, Mobile: 07983 641566; rob@whitedragoncomms.co.uk

Notes to editors

Bridgewater Equity Release Limited was founded in 1998 and is the UK’s leading provider of home reversion plans with over 4,000 home reversion customers.
Bridgewater Equity Release Limited is an award-winning provider and a member of the Equity Release Council, the trade association dedicated to the protection of plan holders and the promotion of safe home income and equity release plans. Bridgewater offers a range of plans which abide by the Council’s Code of Practice.
It is committed to ensuring that all its customers are fully aware of the scheme they are entering into and have considered all alternatives.
Bridgewater Equity Release is a subsidiary of Grainger plc, which was established in 1912.
Bridgewater Equity Release is a registered trade mark of Grainger plc. All rights reserved.
Grainger plc is the UK’s largest specialist residential property owner and manager traded on the London Stock Exchange. Grainger’s business activities in the UK and Germany cover ownership, trading, fund management, property management and development of residential property. Grainger is the leading provider of home reversions, an equity release product, through Bridgewater Equity Release. Grainger has approximately £2.1 billion of wholly-owned property assets, £2.8 billion of assets under management and manages approximately 26,400 properties in the UK and Germany.

Bridgewater Equity Release Ltd

Citygate, St James’ Boulevard

Newcastle upon Tyne

Tyne and Wear

NE1 4JE

Tel: 0191-242 4820

Fax: 0191-269 5974

E-mail: enquiries@bridgewaterequityrelease.co.uk

---------------------------------------------

Rob Griffiths

Director

White Dragon Communications Ltd

Mobile: 07983 641566

E-mail: rob@whitedragoncomms.co.uk

Website: www.whitedragoncomms.co.uk

Skype: rob.griffiths74