A date has been set for the launch of the new equity release trade body, SHIP has announced.

On 28 May, the new transformed structure along with the branding will be revealed.

The launch will be held in London, with Nigel Waterson (chairman) and Andrea Rozario (director general) and other key stakeholders will unveil further details, which will include the future vision for this new trade body and the industry as a whole.

They believe the new organisation will enable a “more cohesive approach”” to future lobbying and profile raising for equity release.