Later life sourcing platform Advise Wise will now allow advisers to sort and order products by early repayment charge (ERC) period.
The addition is based on members’ feedback.
The feature brings benefits including the improvement of the product sourcing process and time-saving as brokers can compare products based on multiple aspects.
It will also enhance client communication as they can get a better understanding of ERC terms, allowing clients to make more informed decisions and improve client satisfaction.
Benjamin Wells, head of product and development at Advise Wise, said: “Advise Wise is committed to empowering advisers and simplifying the financial advisory process. With the introduction of the ERC length sorting feature, we are taking a significant step towards achieving this goal.”
He continued: “ERC length has become more of an advice consideration with higher rates and possibilities to repay, we’ve listened to our members feedback and introduced this feature to simplify and improve their produce sourcing, enabling them to offer more personalised and efficient advice.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
