Later-life lending remains high on the regulatory and market agenda. FCA attention to issues in later-life lending was among the week’s most-read broker stories, while the market continues to feature longer mortgage terms and lifetime-mortgage options that allow voluntary interest repayments. These products can offer flexibility, but they demand careful consideration of retirement income, inheritance aims, vulnerability and future care needs.
AI tools may help advisers organise fact-finds, model payment scenarios and identify missing information, particularly in complex cases. Yet the central value of the adviser is interpretive: explaining trade-offs, challenging assumptions and documenting why a recommendation represents fair value and a suitable outcome for the individual client.