"The calibre of advice in the later life lending arena is crucial and standards are rising all the time. That’s great news for consumers but it does mean brokers need to constantly evolve."
Responsible Group has made two key hires across its broker and lending arms.
Tom Moloney joins Responsible Life as advice director while Chris Flowers has been appointed intermediary sales director at lending arm, Responsible Lending.
Tom Moloney has broad 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.
Chris Flowers joins from Pure Retirement where he held senior roles for eight years, most recently as head of intermediary sales.
Tim Waterlow, MD of Responsible Life, said: “It’s very exciting to have Tom onboard to help lead in this crucial area. The importance of safeguarding, challenge and the quality of advice to the equity release sector is impossible to overstate.”
Tom Moloney commented: “The calibre of advice in the later life lending arena is crucial and standards are rising all the time. That’s great news for consumers but it does mean brokers need to constantly evolve. We’ll strive to always represent the gold standard.”
Keith Haggart, CEO of Responsible Lending, said of Chris Flowers’ appointment: “Chris brings a wealth of knowledge about the later life lending market and he is a great addition to the Responsible team. 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.”
Chris Flowers added: “I’m 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. I can't wait to work with the team over the coming months to bring some exciting products to market.”
