Royal London, a mutual life, pensions and investment company, completed the acquisition of a 30% stake in Responsible Life and Responsible Lending, two companies operating in the later life lending market. Financial terms were not disclosed. “Since equity release became a regulated market, accessible through specialist advice, customers can now access good quality products. We believe that later life lending will become a core part of financial planning. Our relationship with Responsible Group will allow us to broaden their reach while ensuring existing clients remain supported. Financial advisers have a great opportunity to access support from Responsible Group’s specialist advisers, which will benefit both them and their clients," Barry O’Dwyer, Royal London CEO.