Retirement Advantage appoints head of compliance

Forsdyke worked on developing FCA policy on MMR, while before joining the regulator he was director of an equity release advisory business. He has spent 20 years in financial services.

Tom Evans, managing director of Retirement Advantage Equity Release, said: “We’re thrilled to have David on board.

“He’s been at the regulatory coalface with the FCA as our industry has moved into the mainstream.

“Equity release is gaining popularity and new products and features are helping the sector to become an attractive option in an increasing number of circumstances.

“David’s experience and in-depth knowledge of the regulatory environment, as well as his background as an equity release financial adviser, will be invaluable to us as the market continues to develop and innovate.”

Forsdyke said: “It’s great to be joining Retirement Advantage at an exciting time for the business, and for the industry as a whole.

“I’m looking forward to helping the business continue to grow and innovate.

“Retirement Advantage rightly has a reputation for responding to advisers and customers with market-leading product development, and I’m pleased to now be a part of that.”