The Equity Release Industry Council (ERIC) intends to encourage the development of an efficient and ethical equity release market in Australia in order to meet the retirement funding needs of Senior Australians.
Its primary objectives will be to deliver improved outcomes for:
- Consumers & Advisers
- Product Providers & Distributors
- Government & Financial Regulators
ERIC is to be established as a trusted source of reliable information on Equity Release strategies, in response to the recent and unexpected market withdrawal the Senior Australians Equity Release Association of Lenders (SEQUAL).
Kevin Conlon (immediate-past Chief Executive of SEQUAL), who is widely acknowledged as the architect and driving force of SEQUAL’s earlier success, has remained committed to the equity release market in Australia and will lead the Equity Release Industry Council.
Membership and Media Enquiries to: email@example.com