Pure Retirement is first lender to plug into version three of AIR Sourcing, a system for equity release and retirement lending products.
AIR Sourcing allows advisers to generate their own KFIs using client data they have entered into the system’s sourcing tool.
The tool is available for registered advisers free of charge, while members of its sister companies the Equity Release Club and Later Life Academy receive better terms.
Stuart Wilson, group managing director at Answers in Retirement, said: “We are very pleased to be strengthening the group’s ties with Pure Retirement – one of the premier equity release providers active in the marketplace today – and to have them as the first lender to be plugging into this new version three of AIR Sourcing.
“The team have been working hard to upgrade the system and we believe this new version will continue to revolutionise the equity release and later life lending market by not just offering full product sourcing but also delivering an easy-to-use proposition that saves advisers time and cuts down on data input and duplication.”
He added: “Not only do we have Pure Retirement on AIR Sourcing but they have become the latest ambassadors for the Academy, which continues to be focused on supporting advisers in this marketplace and providing them with a range of information, resources and opportunities that they would simply not get elsewhere.
“Pure Retirement will now be working with us to deliver greater knowledge via the LLA in particular we will focus on showing the power and potential of technology in order to help advisers develop their business, both in the equity release sector but also across a number of later life-related areas.”
AIR Sourcing was first launched in May 2016.