Standard Life aims to have a commercial pensions dashboard ready for launch when the FCA's regulatory approval process is in place.
Related topic: Later Life
If the client does not pass the affordability assessment for the originally chosen mortgage, the system finds counter-offers within LiveMore’s range.
The free service provides access to tailored support and later-life care experts.
The new system follows the recent FCA review on later life mortgages.
The FCA has required those firms which fell short to improve the quality of their advice.
The tools will cover considerations around standard residential mortgages, RIOs and lifetime mortgages.
The FSCS has so far paid out almost £3 million in compensation to Mansion Park customers for the unsuitable advice they received.
The key priorities for equity release customers in H1 were supporting their families and improving their homes to make them more appropriate for older age.
The discount is also extended to include properties with a C-rated Energy Performance Certificate.
The merger will create a retirement-focused platform for nearly 5,000 advisers.