Key Partnerships is expanding its support for advisers looking to grow their businesses.
The firm has invested in new business development managers (BDMs) to cover the north and south following rapid growth and more recruitment is planned for the rest of 2017.
This expansion comes as the equity release market hits record highs, with the first three months of 2017 seeing a year-on-year plan sales increase of 58% and total lending increasing by 53% to £633m.
Hema Patel has been appointed as the BDM to cover the north of England, Scotland and Northern Ireland, whilst Jacques Pienaar is joining as BDM for the South and Wales.
Patel previously worked at Key Retirement and has also worked at Ernst & Young, whilst Pienaar previously worked as a financial adviser with his own financial services company.
Will Hale, director at Key Partnerships, said: “There are more opportunities for innovation in equity release market than ever before.
“Hema and Jacques have the expertise and experience to help advisers access the wide range of opportunities in the equity release market and their appointment underlines our focus on increasing support for a wide range of intermediaries.”
