The Later Life Lending Advice Standard is only available to equity release advisers who have achieved the required SOLLA advice standards. 

The Society of Later Life Advisers (SOLLA) helps people to find regulated advisers who understand the issues when it comes to Later Life financial planning. Often complex, the decisions that you and your family may need to make will need helpful, considered advice.

Only those advisers providing the highest quality of advice as specialists in later life lending and equity release are awarded the SOLLA Later Life Lending Advice Standard (LLLAS). From guiding and helping you make informed decisions to suit your circumstances, to recommending a financial product that is right for you. Some advisers may only offer their own firms’ products and others can offer a wider choice and this is made clear on the adviser’s website listing.

The society

The Society of Later Life Advisers is committed to:

  • Promoting and raising awareness about the financial issues faced in retirement and later life
  • Building relationships with statutory and voluntary agencies, charities, housing and social care providers and financial services firms who support the financial wellbeing of those in later life
  • Raising the standards of practice of those engaged in advising in older people by promoting the highest levels of professionalism in financial advice
  • Identifying and developing best practice by providing quality training and the latest information on later life issues
  • Acting as a source of technical excellence for later life financial advisers
  • Involvement in legislative and policy changes and contributing to debates on policy

SOLLA accreditation and advice standards

SOLLA offers advisers the opportunity to be accredited and to achieve a range of specialist advice standards. These awards are independent recognition of skills and experience of working with and understanding the needs of older people and their families.

The SOLLA Later Life Lending Advice Standard is for those offering regulated equity release advice. ‚Äč

For more information about SOLLA please see the Society of Later Life Advisers website.