Advise Wise has launched its new Referral Hub to offer advisers a catalogue of partners to signpost their clients to for services outside of the traditional financial advice remit.
The hub launches with Later Life Estate Planning (LLEP), which offers a signposting opportunity towards specialist lasting power of attorney (LPA) expertise should a client need it and help to create retirement planning.
Under the initiative, advisers can earn a fee every time they refer their client to LLEP for an LPA.
The Referral Hub also contains additional initiatives aimed at new entrants to the market, offering discounted memberships for both the Equity Release Council and the Society of Later Life Advisers.
Advise Wise aims to continue adding further strategic partners to the referral Hub going forward.
Advise Wise senior strategic partnerships manager Daniel Edmonds says: “In later life lending clients often need support that goes beyond the mortgage itself, whether that is legal guidance, care planning, financial advice, or wider later life services.”
“The Referral Hub aims to make that part of the advice journey simpler and more consistent by bringing trusted partners into one place and helping advisers support stronger customer outcomes while also building clearer referral pathways.”
“Our focus has always been on supporting advisers with tools that reflect the reality of advice, and the Referral Hub is another practical step towards helping advisers do the right thing for their clients, both now and as their needs change over time.”
