Content Options:

Content Options

View Options:


You are viewing the version of the document as on 2022-01-01.

advising on a home reversion plan

32

the regulated activity, specified in article 53B of the Regulated Activities Order, which is in summary: advising a person if the advice:

  1. (a) is given to him in his capacity as reversion occupier or plan provider or potential reversion occupier or potential plan provider; and
  2. (b) is advice on the merits of his:
    1. (i) entering into a particular home reversion plan; or
    2. (ii) varying the terms of a home reversion plan entered into by him on or after 6 April 2007 in such a way as to vary his obligations under that plan.