They were designed to help carry the business through its planned expansion
With the next phase of its business expansion in mind, later life specialist Responsible Group has made two key hires across its broker and lending arms.
Tom Moloney joins later life broker Responsible Life as advice director, while Chris Flowers (pictured) has been appointed intermediary sales director at lending arm Responsible Lending.
Moloney has extensive experience within the financial services industry, having specialised in equity release for over 20 years for a range of companies, including Legal & General and debt charity StepChange.
“It’s very exciting to have Tom onboard to help lead in this crucial area,” Tim Waterlow, managing director at Responsible Life, said. “The importance of safeguarding, challenge, and the quality of advice to the equity release sector is impossible to overstate.”
Commenting on his appointment, Moloney said they will always strive to “represent the gold standard.”
“The calibre of advice in the later life lending arena is crucial and standards are rising all the time,” he stated. “That’s great news for consumers, but it does mean brokers need to constantly evolve.”
At Responsible Lending, Flowers joins from Pure Retirement, where he held senior roles for eight years, most recently as head of intermediary sales.
“Chris brings a wealth of knowledge about the later life lending market, and he is a great addition to the Responsible team,” Keith Haggart, chief executive at Responsible Lending, said. “He will shape our distribution strategy as the business commences its next phase of growth.
“I am looking forward to working with Chris to develop new propositions and to ensure we deliver a first-class service to all our adviser partners.”
Flowers said he was excited to be joining Responsible Lending at such a pivotal time.
“Now, more than ever, consumers are looking to work with trusted brands and advisers,” he added. “I can’t wait to work with the team over the coming months to bring some exciting products to the market.”