This is a summary of the mortgage and equity release qualification requirements. Assessment entry. The level 3 Certificate in Equity Release develops advisory skills and offers an understanding of equity release regulation, products, market practice, and customer needs. Equity Release in Focus. In May, LGHF launched an online study portal to help aspiring equity release advisers achieve the CII Certificate in Equity Release qualification or equivalent. Key information for the Certificate in Equity Release qualification provided by the Chartered Insurance Institute (CII) Cookies on the CII website. Equity release (ER1) The objective of this unit is to develop an understanding of the different types of equity release products, risks to the consumer associated with equity release and application of suitable equity release solutions according to the circumstances of different customers. Learning support. CeRER Equity Release is now a massive growth area. To complete you need to obtain 50 CII credits by passing compulsory units: R01 or CF1, CF6 and ER1. Units range from between 60 and 70 hours (each depends on experience and ability). Qualification . It is a free-to-access service which usually costs £200, and features content delivered by a CII-accredited tutor. By using and browsing the CII website, you consent to cookies being used in accordance with our policy.If you do not consent, you are always free to disable cookies if your browser permits, although doing so may interfere with your use of some of our sites or services. The equity release market is growing rapidly and being able to offer homeowners this additional service is proving a popular choice. The free equity release calculator can use this information and based on its database of equity release plans available, can give you a fairly good idea of the maximum release available to you. Proven track record of … In order to achieve a CeRER®, you must first pass a Certificate in Mortgage Advice and Practice (CeMAP®). Cookies on the CII website By using and browsing the CII website, you consent to cookies being used in accordance with our policy . The use of equity release as a financial tool has gained significant momentum of the last 5 years and is showing no sign of slowing. Continuous growth spans from not only record low interest rates, but the industries focus on innovation and development to ensure everyone the offering is both competitive and appropriate. The workshop is aimed at advisers newly qualified in equity release and delegates that have been qualified for some time, but have not yet used their qualification The essential mortgages and equity release advice qualification. The Certificate in Regulated Equity Release (CeRER®) is an FCA-approved RQF level 3 qualification specific to the UK.. In addition to developing advisory skills, the Certificate offers an understanding of equity release regulation, products, market practice, and customer needs. Applicants must hold the level 4 Equity Release qualification (either CII ER1 or LIBF CeRER) Recent experience of giving Equity Release advice, however applicants must have at least 2 years+ experience in financial services, particularly in mortgage advice. Jane and Daniel will present a general introduction to the equity Release industry, providing the knowledge, contact and support to allow people to venture further into this space. Specific study time guidelines are provided for each unit on its webpage and in the CII … The Chartered Insurance Institute (CII) is pushing ahead with the launch of a new pension transfer qualification in light of the regulator’s recent consultation on defined benefit (DB) transfers. 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