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Equity Release Mortgages: No Negative Equity Guarantee


The Institute and Faculty of Actuaries (IFoA) and the Association of British Insurers (ABI), through the Actuarial Research Centre (ARC), has recently commissioned a research project on Equity Release Mortgages: No Negative Equity Guarantee. This research is being delivered by the University of Kent, led by Professor Radu Tunaru (Senior Researcher). 

Project Summary 

The high level objective of this commissioned research is to determine appropriate methods for determining ERM cashflows and their value. Additional detail on the objectives set out in the call for tender can be found here

Review Group 

On behalf of the ABI and the IFoA (and its relevant Governance structures), a joint project Review Group was established to oversee the delivery of this jointly commissioned, independent research project.
The Review Group ensures the project delivers output that is of high quality and is in line with expectations, producing findings that are relevant to the actuarial community and other key stakeholder groups.
The Review Group reports into the IFoA’s Research and Thought Leadership Board. The Terms of Reference for the Review Group is available to view here