Air has introduced a continued professional development (CPD) log feature for its Academy proposition, allowing members to track their professional development.
In March, the Equity Release Council (ERC) set out its roadmap for the later life lending market, emphasising the importance of bridging the differing CPD requirements which separate the equity release and mortgage markets.
Air’s CPD log was created in response to this, allowing members to monitor development within the Academy, as well the ability to add and track external learning provision.
The proposition also aims to enhance the ways members engage with the Academy.
Air members can now access Academy Essentials free of charge, which includes access to system tools and training, a range of CPD materials, taster content for the LIBF-accredited programmes and a dynamic CPD log.
Paul Glynn, CEO at Air, said: “In a market that rarely stands still, innovation is paramount. The new proposition and accompanying CPD log is born out of our dedication to support our advisers in their development and beyond.
“The need to bridge the gap between the later life and mainstream sectors has never been clearer, and we’ll continue to evolve in line with this.
“Soaring house prices, coupled with historically high interest rates, have given rise to a new generation of borrowers who are entering into mortgage terms that consign them to managing mortgage debt in retirement.
“Faced with this new consumer dynamic, advisers must be comfortable across both mainstream and later life lending or have the tools to refer the customer to another expert if needed.
“Upgraded training and education resources will be pivotal to the long-term shift to meet this demand.”
