Women have received fake emails claiming that compensation for women affected by changes to their State Pension age was available.

Key is urging firms to investigate referral relationships if they are not confident about advising in later life lending market.

The Air App will deliver lender and product rate notifications as well as market insight videos from industry experts.

Advisers who take part in the programme will be able to gain CPD minutes and also display a logo to highlight that they are committed to best practice.

Last month, more2life launched 'Tailored Interest Reward', a new lifetime mortgage designed to give later life lending clients more control over their borrowing costs.

The proportion of single women applicants is also at the highest level seen in a year.

The lender has reduced rates across all standard and RIO LiveMore 1 to LiveMore 4 products by up to 0.59%.

The later life lender's Horizon range will now cater to a wider group of homeowners considering a lifetime mortgage.

The adjustment aligns procuration fees across Hodge's entire residential proposition.

The digital annuities application will save intermediaries 14 days on each application.