Answers in Retirement Group (Air Group) has launched a new version of its Air Sourcing platform for later life advisers covering updates and changes related to coronavirus.
 
The group announced that Air Sourcing, the free, one-stop platform for advisers to service their clients’ entire later life requirements, has been updated with new comprehensive reference tools and filters to help users identify the latest product and criteria changes made as a result of the ongoing pandemic.
 
Air Group suggested the new detail allows advisers to source based upon new lending criteria, loan and value maximums, pricing, LTVs, and also provides detailed information on lenders’ new and existing valuation practices, their service standards, as well as instructions on what to do with existing pipeline cases.
 
The updated information built into the system will be backed up by a set of reference data which Air Group suggested would allow advisers to source the whole of the later life market “with confidence” amid the ongoing disruption. 

Air Group CEO, Stuart Wilson, commented: “In a very short space of time we have witnessed a considerable amount of change right across the later life product and criteria space. Keeping on top of these changes is a challenge at the best of times, but during this coronavirus lockdown period, when the market is a real moveable feast, it can prove doubly difficult.

“This is why we’ve launched our updated version of Air Sourcing today that ensures advisers can have total confidence when researching appropriate products, as they’ll know they’re accessing the most up-to-date information from all providers.

“We’ve added in a number of new tools and filters to cover off changing practices and criteria, particularly around valuations and those cases which are currently in the pipeline. The team here are speaking to lenders on a daily basis to integrate the very latest information into the system.”

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