Equity release adviser OneFamily Advice has partnered with Finance Planning Group, so customers of OneFamily Advice will now also be able to access advice on other retirement funding options.
These include retirement interest-only mortgages, mainstream mortgages and inheritance tax planning.
Matthew Ellis, head of Direct Advice at OneFamily, said: “Equity release can be an ideal solution for many people who want more financial flexibility in later life but there are other options too.
“OneFamily Advice’s new partnership with Finance Planning Group allows us to extend our advice service and offer a wider range of retirement funding options outside of equity release.
“We have a dedicated adviser for every customer and we take the time to understand their individual needs. By doing this we can get a clear understanding of whether equity release is the best option or if further advice on wider retirement planning products may be useful.”
Terry McCutcheon, chief executive at Finance Planning Group, said: “Our partnership with OneFamily Advice means we can jointly help more over 55-year olds enjoy a better, more financially comfortable retirement.
“Retirement planning is complex, with new options coming onto the market every day, so it is vital that consumers are given the most suitable option for their individual needs.”