CompaniesApr 25 2016

Equity release specialist seeks 40 new advisers

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Equity release specialist seeks 40 new advisers

Age Partnership is on the hunt for over 40 new advisers in order to achieve its growth plans and service increasing customer demand.

The retirement specialist advised on more than 28 per cent of all equity release sales in the first quarter of this year, up from 24 per cent during the same period last year.

The firm began recruiting for its face-to-face advice service at the start of 2015, broadening out from an exclusively telephone-based service in 2014.

By September, Age Partnership was looking to recruit more field-based equity release advisers and grow a further 25 per cent by the end of the year.

Justin Wysocki, the firm’s marketing director, explained that they were now looking to accelerate investment as part of a five-year growth plan.

Chief Executive Tim Loy said: “At a time where there is particular confusion amongst retirees about their pensions and concerns around general finances being able to deliver the retirement lifestyle they want, we remain committed to continue to provide high quality, cost-effective services to our clients as we look to become the financial services company of choice for the retirement market.”

peter.walker@ft.com