The lender has reduced rates by up to 0.30%.
Related topic: Later Life
The tags enable advisers to identify which products require an affordability calculation.
There was a 116% increase in the number of people claiming pension credit in 2022/23.
The lender also no longer requires an additional assessment when the applicant reaches the age of 80.
With most pensioners paying tax, and more than half next year’s rise simply keeping pace with inflation, most pensioners will still be worse off overall in real terms if they...
Paul Glynn, CEO of Air, explores how advisers can put themselves in the best position to service later life clients.
Nearly three out of five over-55s homeowners with mortgages are making major sacrifices to pay off loans by retirement including not saving into their pension.
The service will be available to advisers who want to refer later life business.
The Right DA Club's member firms will now have access to Air’s offering, including its sourcing system and academy.
The net cost of pension tax relief to the Treasury was £48.3 billion for 2021/22.
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