Bower Partnerships revamps service

Curtis has more than 14 years’ experience across a range of major financial services groups including equity release specialists Hodge Lifetime as well as Sun Life Financial, Legal & General and Barclays.

Retirement advisers Bower Retirement Services is investing in its Partnerships arm after being appointed one of four national equity release specialists on the Legal & General Mortgage Club panel last month.

Geoff Charles, chief executive at Bower Retirement Services, said: “Investing further in Bower Partnerships was the logical next step as we are receiving referrals from a range of introducers who wanted to offer specialist advice to clients but did not have the in-house expertise or experience.

“The growth in the equity release market with over-55s releasing more than £5m a day highlights the demand from clients and the need for introducers to provide the best possible advice while ensuring they do not run the risk and costs of compliance issues.

“Being appointed to the L&G panel and the appointment of a national account manager underline our commitment to growing the business to the benefit of business partners and their clients.”

The equity release market recorded record sales of £1.16bn in the nine months to September.