Key Equity Release has formed a partnership with pension specialists Pense to expand its advice for later life lending customers.
The partnership follows the Financial Conduct Authority’s (FCA’s) focus on joined-up advice for retirement income, covering all assets.
Rachel East, senior director at Key Equity Release, said: “Our partnership with Pense reflects our commitment to delivering truly holistic support for customers in later life and is an important step in ensuring customers feel confident that every aspect of their finances is being considered.
“Equity release is often just one part of a much broader retirement planning picture.
“By working closely with pension specialists, we can ensure customers receive more rounded, joined-up advice that considers their property wealth alongside their pension income and long-term financial goals.”
East added: “This approach not only aligns with the FCA’s direction of travel, but most importantly, helps us achieve better outcomes for the people we support.”
Richard Morrall, CEO at Pense, said: “We look forward to working with Key Equity Release and helping their customers meet their retirement needs.
“All types of advisers should be working more collaboratively rather than focusing solely on their own specialism so that clients can assess all their options in a fully transparent way which benefits them and puts them in a better financial position.”
