Pure Retirement has introduced a new valuation processes across its full product range, in line with new government guidelines.

From today, its Heritage, Sovereign and Classic product ranges will feature a mixture of desktop valuations, external and internal inspections, based on considered risk assessment.

The retirement solutions provider says options will be tailored to individual customer circumstances and will be reviewed on a case-by-case basis, ensuring the continued safety of its customers.

It added that these changes will allow many applications that were stuck in the pipeline to progress to completion allowing more customers access to crucial funds at what is a difficult time for many.

Brendan Gilligan (pictured), head of product at Pure Retirement, said: “We’ve carefully reviewed our processes in line with the evolving guidance from the government, developing processes to help further customer applications while maintaining their safety as our number one priority.

“These latest moves are part of a long-term process that will continue to adapt to government guidelines, with the safety and wellbeing of customers and contractors continually at its forefront.”