Related topic: Technology

Proposals to introduce digitalised upfront information received widespread industry support.

The reforms will cut buying times by around four weeks and save first-time buyers an average of £650.

Nathan Reilly, chief customer officer at Twenty7tec, explores how technology is becoming a more important part of helping advisers manage changing market conditions.

The latest update helps advisers move more seamlessly between client management and financial planning activities.

The tech creator says the portal uses AI to handle case files and client data securely.

Brokers point to document submission and complex cases as areas where technology could streamline the mortgage process.

The AI tool has been developed with compliance expertise from Simplybiz and threesixty, and will assess advice quality as well as flag up files which may need extra oversight.

The majority (58%) said their decision was driven by a combination of factors, including functionality, connectivity, price and broader system limitations.

The partnership is part of Offa's aim to grow originations through the intermediary channel.

A third of leaders say they do not know who should be accountable for AI-driven outcomes affecting vulnerable customers.