Mortgage and protection network Stonebridge has partnered with later-life lending platform Air to boost its tech offering for advisers.
Stonebridge will offer Air’s WriteRoute fact find to advisers, enabling users to access financial and data admin tools on one platform.
The new version of the tool has an “enhanced” set of questions that puts client vulnerability and affordability at the heart of the advice process.
At the same time, Stonebridge will also endorse use of Air Sourcing’s Navigator tool for its adviser membership which “puts affordability front and centre in the advice process”.
This is done by advising on all later life lending products suitable for a client.
Air CEO, Paul Glynn, said: “Our WriteRoute and Navigator tools offering is designed to make advisers’ lives easier, focusing on capturing the critical elements of client needs whilst streamlining admin tasks.
In keeping with consumer duty requirements, the addition of the two new tools will ensure that Stonebridge advisers have all the necessary information at their fingertips.
“With the FCA review in mind, we’re equipping our sector to rise to the challenge and continue the good work already done around customer outcomes by embracing cutting-edge mortgage technology,” Glynn added.
These developments arrive as Stonebridge introduces measures to support the professionalisation of the market against a backdrop of regulatory change.
Stonebridge operations director, Gavin Earnshaw, said that, following the implementation of consumer duty and the FCA’s review of the later life sector, it’s more important than ever that advisers have all the support to do the best job possible.
Air has stated it will continue to develop and refine its tech tools using feedback and support from members and partners, adding further product categories as new variants are launched by lenders.
tom.dunstan@ft.com
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