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PURE RETIREMENT LAUNCHES WITH PHOEBUS SOFTWARE

Published by Gbaf News

Posted on July 3, 2014

2 min read
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Pure Retirement Adopts Phoebus Platform

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.

Focus on Adviser-Friendly Tools

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.

Richard Pike

Richard Pike

Phoebus Software Welcomes New Partnership

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.”

Pure Retirement Chooses PSL for Proven Track Record

Paul Carter, managing director of Pure Retirement, adds “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.”

Key Takeaways

  • Pure Retirement partnered with Phoebus Software in 2014 to launch its equity release origination and servicing platform.
  • The agreement includes an adviser-friendly toolkit with product/property guides and compliant document generation.
  • A five-year contract was agreed, emphasizing flexibility and scalability for Pure Retirement’s ambitious growth plans.

References

Frequently Asked Questions

Who is Pure Retirement?
Pure Retirement is an equity release specialist that operates via intermediaries, offering lifetime mortgage solutions.
What solution did Pure Retirement launch?
They launched the Phoebus Equity Release web originations and servicing platform, including an adviser toolkit.
Why did Pure Retirement choose Phoebus?
Because Phoebus had a proven track record, offered intuitive, adviser‑friendly tools, and could scale with Pure Retirement’s growth.

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