Following on from the Club's launch in October, the addition of 'ERC Assist' will provide brokers with services including compliance support, online case tracking, training options and regular newsletters.
It is available from April on a three-month contract so that equity release advisers can test the water, at a cost of £60 per month.
Stuart Wilson, of Equity Release Club said: “This is a major development in the Equity Release sector and one we have launched to help brokers enter the market with confidence - these are services brokers are asking for.
"Training, development programmes and support are in greater demand with the arrival of TCF, and we believe that Equity Release Club is now able to become the focal point for firms in this sector."
Safe Home Income Plans (SHIP) director general, Andrea Rozario, praised the initiative: “This is an exciting time for the industry especially as we begin to see the impact the baby boomers are having on Society.
"I would urge advisers to consider equity release - any adviser who discusses retirement options with their clients can only claim to offer good advice if they are aware of all of the options.
"SHIP members are reporting an increase in applications from intermediaries and we expect this trend to continue as new advisers enter the market."
