Simon brings considerable experience of equity release, gained over the last five years with GE Life (now owned by Swiss Re), where he was head of equity release – product and marketing. In this capacity he was responsible for the launch of their new lifetime mortgage range. Simon’s experience of lifetime mortgage products will be an important asset as Home & Capital builds its equity release advisory business.
During his period with GE Life, Simon became their representative on the equity release industry body and has chaired SHIP’s Mortgage Board for the last two years. In this capacity he has been instrumental in raising SHIP’s public profile and shaping its policy for specialist training requirements for equity release advisers.
Graeme Marshall, chief executive of Home & Capital, has been chairman of SHIP’s Reversion Board over the same period, so Home & Capital is now in the unique position of employing the chairman of the industry’s two product boards. As Home & Capital is only permitted one appointee to the SHIP board, Graeme Marshall, a director of SHIP since 1999, will now resign from this board and Simon Little will become the Home & Capital appointed director.
“Simon’s arrival will broaden our senior management at an important time in the development both of the Group and of the equity release sector,” said Graeme Marshall. “Since Home & Capital was acquired by Sovereign Reversions plc just ten months ago, our market has become fully regulated and we have started to diversify the business to take advantage of this new environment. Simon has just the skills we need to capitalise on these opportunities”
