Fluent for Advisers is asking its introducers to consider building relationships with IFAs and retirement advice specialists.
This hopes to provide a referral service for their customers who could benefit from later life lending as a part of their retirement or post retirement planning.
This advice comes as equity release referrals have risen 285% in the past two years.
Jeff Davidson, head of intermediaries at Fluent for Advisers, said: “Later life lending is definitely the sector which advisers should be targeting, not only for themselves, but also because it offers scope to provide a service for retirement planners and don’t forget Fluent has the expertise to help advisers develop their later life lending business.
“Later life lending has built a deserved reputation as a means of releasing capital to boost retirement income and it can play an important role as part of retirement planning.”