Air Group has announced it is launching a Consumer Duty later life document library for advisers on its Air Sourcing platform.

The digital library collates product factsheets for all equity release, retirement interest only mortgages (RIOs), and later life mortgages available on the market.

As part of lenders’ commitments to the Financial Conduct Authority’s (FCA) new principles, they are required to create and publish product factsheets for each of their plans.

With consumer outcomes at the forefront of mind, Air said it has developed an area where all this information is in one place so that firm principals don’t have to trawl through individual websites and portals.

New information will be added over the coming months, Air also revealed, boosting the resources available including a roadmap to meeting Consumer Duty regulation for firm principals.

Air CEO, Paul Glynn CEO, said: “As part of our commitment to supporting advisers, especially through the implementation of Consumer Duty, we have created an area on our Air Sourcing platform, which is dedicated to providing information and product factsheets, direct from the lenders.

“Helping firm principals operate more effectively while building robust businesses that deliver good customer outcomes is one of the cornerstones of the Air platform. To achieve this, we are constantly striving to find new and innovative ways to further support advisers operating in the later life lending sector.

“As part of this, we will be discussing how to navigate the road to better customer outcomes, including features on Consumer Duty and evolving client needs.”

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