AIR Sourcing has joined the Equity Release Council, it has announced
The sourcing system for equity release and retirement lending products was launched in May 2016 and has 2,000 registered users.
The system allows advisers to search for products using a unique research filters tool.
The company says it will be looking to feed into the Council’s working groups and committees, considering key industry issues with a specific interest in product make-up, availability and sourcing.
The firm is part of the Answers in Retirement Group of companies, which also includes the Equity Release Club and Later Life Academy.
Answers in Retirement group managing director Stuart Wilson says: “The number of products and the growing innovation in the marketplace makes this a very interesting time for the sector.
“Demand is growing and we intend to work with the Council to ensure advisers get the best product access and that all stakeholders work together to develop solutions for a much wider demographic.”
Equity Release Council chief operating officer Donna Bathgate says: “I am delighted to welcome another member to the Council. This is testament to the record growth of the equity release sector, as more people consider the benefits of unlocking their housing wealth when planning for later life.”