Pure Retirement launches with Phoebus Software
Pure Retirement, the equity release specialist, has launched using the Phoebus Equity Release solution as its new business originations and servicing platform.
The businesses have agreed an initial five year contract.
Pure Retirement only accepts equity release applications through intermediaries so it has invested in a system that is intuitive and easy for advisers to use; this includes a complete adviser toolkit containing product and property guides and compliant document generation.
Phoebus Software Limited’s sales and marketing director, Richard Pike, says:
"Pure Retirement is an exciting new entrant to the equity release market ran by a highly experienced management team. It is a company with ambitious plans so it needed a solution that would be fully functioning from day one but which can adapt as the company grows and diversifies. Pure Retirement only accepts business via intermediaries and the Phoebus equity release web originations solution is already proven to be easy for advisers to access and use.”
“We chose PSL because it has a proven track record in equity release originations and servicing solutions. We were aware of the pedigree of both the business and the solution and have found the PSL team at all levels both knowledgeable and easy to work with. This gave us confidence they would provide a quality solution in the time and to the scale that we needed and this objective was 100% achieved.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Bank Of England
Bank of England cuts interest rates by 0.25%Â in three-way vote

Skipton
Skipton launches Delayed Start mortgage with no repayments for three months

Barclays
Barclays launches lowest mortgage rate of the year in latest round of cuts

FCA
One in four people have low financial resilience: FCA

This week's biggest stories:
Bank Of England
Bank of England cuts interest rates by 0.25%Â in three-way vote

Skipton
Skipton launches Delayed Start mortgage with no repayments for three months

Barclays
Barclays launches lowest mortgage rate of the year in latest round of cuts

FCA
One in four people have low financial resilience: FCA

FCA
FCA outlines steps to simplify mortgage rules

April Mortgages
April Mortgages launches 100% LTV mortgage
