Later-life lending platform Air has partnered with mortgage broker Stonebridge to boost its tech offering to advisers.
The partnership will allow Stonebridge to offer Air’s WriteRoute and Navigator tools to advisers enabling users to streamline data governance and admin.
The WriteRoute fact find tool, which include suitability reporting, product sourcing, and KFI generation, has an enhanced set of questions that put client vulnerability and affordability at the heart of the advice process.
And the Navigator Tool puts affordability front and centre in the advice process by advising on all later life lending products suitable for a client.
Stonebridge, one of the largest independent mortgage and protection networks in the UK, arranges over £12 billion of mortgage lending each year.
It focused on helping member firms deliver brilliant service and successfully grow their businesses.
The network, with over 115 employees, has formed relationships with over 500 member firms and more than 1,100 advisers.
The mortgage broker said it will ensure that its advisers, in keeping with Consumer Duty requirements, have all the necessary information at their fingertips to result in the best customer outcomes even from the earliest discussions with their clients.
Stonebridge said the tech upgrade is to support the professionalisation of the market against a backdrop of regulatory change.
It said it is vital that advisers can access the very best resources to stay compliant and on track to deliver good customer outcomes.
Air, which offers advisers and lenders best-in-class digital sourcing tools, said it will continue to develop and refine these tech tools using feedback and support from members and partners.
It said it will add further product categories as new variants are launched by lenders.
Air CEO Paul Glynn said its WriteRoute and Navigator tools offering are “designed to make advisers’ lives easier, focussing on capturing the critical elements of client needs whilst streamlining admin tasks and freeing up time for advisers to do what they do best: talking to their clients so they can offer the most tailored and personalised guidance.”
Stonebridge Operations director Gavin Earnshaw added that advisers should have “all the support to do the best job possible – and we’re committed to providing that for them.”