Key Retirement will increase its adviser count from 110 to 150 in the first half of 2016.
Key Retirement will increase its adviser count from 110 to 150 in the first half of 2016.
The equity release adviser recorded new business growth in excess of 20% in 2015, while it is targeting another 25% increase this year.
Dean Mirfin, technical director at Key Retirement, said: “To meet the increasing demand for the best quality face to face specialist advice we are to increase adviser headcount over the first six months of this year at an unprecedented rate. January has already produced the greatest number of appointments we have ever attended.
“Our training means that experience of advising on equity release previously is not a prerequisite, a good track record in financial advice or mortgage broking however is essential.
“We expect a 25% increase in new business in 2016 and Key will be well equipped to meet the demand this year and beyond. We expect this growth to continue from direct enquiries but also from existing and new referral partners who want to share in the equity release sector.”
Business growth has primarily come IFAs, wealth managers and mortgage advisers, as intermediary referral business increased by 41% in 2015.
