Later life platform Air Group has signed a deal with St James’s Place to supply services to the wealth management firm’s equity release-qualified brokers.

The move will see the platform offer St James’s Place advisers access to sourcing tool, Air Sourcing, and Air Club, which includes access to exclusive products, support, enhanced income and deals.

St James Place Wealth Management head of mortgages Paul Johnson says: “With residential property not only playing an increasing role in retirement but also making up a larger proportion of many peoples’ assets, we want to offer our clients access to specialist highly-trained advisers.

“Our partnership with Air Group will help to ensure our advisers are at the forefront of market developments, as new plans and product features make equity release and other later life lending options a flexible financial planning tool for an increasing number of older clients.”

Air Group chief executive Stuart Wilson adds: “Equity release and other later life lending options are increasingly becoming not only a mainstream choice but a key part of many advisers’ tool kits when it comes to retirement planning, estate planning and gifting.

“We are therefore delighted to have been chosen by a well-known brand like St James’s Place to support them as they seek to upskill and develop their advisers who operate in this market.”