Advise Wise adds feature to prioritise Early Repayment Charge period
9 November 2023
Advise Wise, a leading later life sourcing platform, is thrilled to announce the launch of a new feature allowing advisers to easily sort and order product search results based on the length of the Early Repayment Charge (ERC) period.
Advise Wise has listened to its members feedback and has introduced a user-friendly “ERC length” sorting feature within its platform to simplify the product sourcing process.
This addition enables advisers to provide even more tailored recommendations, including the ERC period as an important advice point, and aligns with the company's mission to provide advisers with the most advanced resources, ultimately helping clients make informed decisions that align with their financial goals.
Advise Wise members can find this ordering feature on the product search results page of the platform. By selecting this ordering option, advisers can quickly organise and prioritise products based on the duration of their ERC periods, simplifying the process of matching clients with the right financial solutions.
The Advise Wise's ERC length sorting feature brings advisers a few benefits including the improvement of the product sourcing process and time-saving, as it enables them to compare products based on multiple aspects according to their client’s needs simplifying the product selection; the enhancement of the client communication as advisers can provide a deeper understanding of ERC terms, allowing clients to make more informed choices and ultimately an increased in client satisfaction: by tailoring product recommendations to client preferences and needs, advisers can enhance overall client satisfaction and trust of their customers.
Benjamin Wells, Head of Product & Development at Advise Wise commented: “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.”
This new feature is now available for all Advise Wise users, and the company is dedicated to continually improving its platform to meet the evolving needs of financial advisers and their clients. Adviser can register for free to start using the Advise Wise Platform at advisewise.com.