Advise Wise has introduced an ‘instant KFI’ feature on its platform for all Pure Retirement plans.

It allows users to generate a KFI in under 60 seconds directly on the Advise Wise platform.

Once the adviser submits a KFI request, the illustration is generated via an API link with Pure Retirement. In just a few seconds the KFI is ready to be downloaded and the advisor receives an email confirmation. The KFI is then stored in the Advise Wise CRM to provide brokers with an audit trail for each of their clients.

Instant KFI on Advise Wise is available for all Pure Retirement products, with some products available with rates from 2.48% MER.

Advise Wise is currently working with other lenders to connect the platform to their systems in order to implement the instant KFI process to all their available products. However, for many lenders, a KFI can be requested in just one click via Advise Wise’s automated KFI process.

Jonathan Thirkill (pictured), CEO at Advise Wise, said: “We are proud of this achievement and we strongly believe this is just the first step toward a more efficient way to source products. Advise Wise will continue to push innovative new features to reduce the barriers for advisors in providing excellent advice to their clients.

“Time is a very precious asset, especially for an adviser. We envisage a future where brokers will be able to get instant KFIs for any product available on the market.”

Paul Carter, CEO at Pure Retirement, added: “Making things as simple as possible for advisers is more important than ever in the current climate, and technology is playing a key role in that. Having a sourcing platform offering instant KFIs is fantastic for the market, and as a lender similarly committed to offering technological solutions to our adviser network it’s something that we wholeheartedly welcome and support.”