Air Group said the partnership will also make it easier for advisers to refer cases to specialists.
Answers in Retirement Group (Air Group), has partnered with Knowledge Bank for full API integration between its platform, Air Sourcing and the criteria search provider.
Advisers will be able to check all later life lenders’ criteria before moving into product sourcing, or vice versa.
Air Group said it has allowed the seamless transfer of data and helps advisers refer to specialists in the sector if they are not qualified to provide advice in one part of the later life market.
Stuart Wilson (pictured), chief executive officer of Air Group, said: “This is one of the most significant announcements and agreements in the later life lending sector as it indicates the joint ambition of both firms to deliver the very best tools and technology integration on an exclusive basis.
“We are incredibly excited to be working with the multi-award-winning team at Knowledge Bank, led by Nicola.
“Air Group has spent many weeks ensuring that this launch brings a huge variety of benefits to our mutual member firms and seamlessly joins our two dynamic systems together in a market-leading strategic alliance.”
Nicola Firth, chief executive and founder of Knowledge Bank, added: “We are very pleased to be working with Air Sourcing to bring together a true ‘best of breed’ solution for later life lending sourcing.
“This collaboration brings together criteria and product in a truly unique way.
“We have worked closely with Stuart and his team to ensure that every aspect has been considered from the adviser’s point of view and with our collective experience in the market, we are confident this will be, without doubt, the platform of choice for advisers in the later life lending sector.”
