The criteria enhancements will broaden the type of properties which could qualify for the Horizon range.

Rising number of mortgages in retirement should drive a change in advice, Key believes.

Tailored Interest Reward offers interest rate discounts of up to 0.65%.

Will Hale, CEO of Air, says in order to be fit for the future of the later life lending market, all advisers need to look at all options for customers in their 50s and early 60s.

The guide outlines the processes that sit at the heart of the lifetime mortgage process.

Charly has more than eight years of experience in delivering people strategies.

The research also identified high levels of untapped demand.

Two thirds of IFAs recommend clients increase the retirement income they take and three quarters re-evaluate the role of annuities.

Standards for pension providers and schemes have also been approved by the Secretary of State for Work and Pensions.

Lewis will strengthen the later life lender's partnerships and intermediary relationships.