Billy Burrows joins equity release provider

Billy Burrows has joined Key Retirement Solutions as associate director, following his departure from the Annuity Line.

In his new role Mr Burrows will be the company’s spokesman on retirement options issues in the press, as well as helping the business develop a new service to provide help, guidance and advice to clients on all aspects of retirement income and drawdown options.

The equity release provider described Mr Burrow’s appointment as an “important step” in helping it take advantage of the “new opportunities” arising from the recent Budget, which announced more flexibility over retirement income options.

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This will see Key Retirement transition from a non-advised annuity broker to a “business better” able to serve the needs of its customers by including regulated financial advice as part of the customer proposition.

Mr Burrows joins from the non-advised broker Annuity Line, where he was head of business development.

His tenure as business development director for the firm had lasted just 10 months, after he joined the company in August of last year from Better Retirement Group, the company which acquired his own William Burrows Annuities business in 2010.

Paul Wilson, managing director of Key Retirement Solutions, said: “Billy’s appointment demonstrates our commitment to putting the best interests of our clients at the centre of our proposition.

“We believe customers will be best served in the future by clearly explaining all the options available to them and offering them a choice in the way we can arrange their retirement income or drawdown policies.”