Across Europe there is growing concern that the costs of providing for the ageing population will be prohibitive. Accessing housing wealth through equity release products offers a partial solution to this problem. We estimate that there is potential for over €20bn to be released from equity release products each year, and €200bn over 10 years. Current Solvency II requirements limit the attractiveness to insurers of supplying this product and may limit the potential for this partial solution to develop.

The purpose of our white paper: ‘Equity Release - Accessing Housing Wealth in Retirement’ is to discuss the consumer need for equity release products across Europe, the key role of insurers in providing these products, and the unintended consequences of the current Solvency II requirements which may stifle the supply of these products from insurers.