View more on these topics

Billy Burrows exits Key Retirement and plans advice return

Burrows-Billy-2009-700x450.jpg

Key Retirement associate director Billy Burrows has left the firm and is planning a return to advice, Money Marketing can reveal.

Burrows was recruited by the retirement income broker and advice firm in June 2014 after joining from Annuity Line where he was head of business development.

Prior to that he worked at Better Retirement Group, which purchased his advice firm William Burrows Annuities in 2010.

Now Burrows says he is considering re-entering the advice industry in an attempt to fill the “huge advice gap” created by firms unable or unwilling to serve the mass market.

He says: “Having helped Key Retirement design what I think is the ‘gold standard’ for retirement income advice to the mass market it is time to move on.

“I will concentrate on my consultancy business Retirement Intelligence and am considering re-establishing my previous successful advice business WilliamBurrows.com.

“There is a huge advice gap and I don’t see many firms able or committed to fill this gap.”

He adds he is in discussion with a number of firms about a joint venture.

Earlier this week, Key Retirement announced it has appointed founding director Dean Mirfin to the new role of technical director.

The firm launched in 1998 with 12 staff and now has over 300 employees.

Recommended

2

Billy Burrows: Human contact key to filling the advice gap

As regular readers of this column will know I am on a mission to help fill the so-called “advice gap” for retirement options. I am not alone on this mission: other, much bigger organisations are also taking up the challenge. The key to finding a solution lies in understanding the different types of clients, what […]

Billy-Burrows-MM-Peach-700.jpg

Billy Burrows: Annuity update

There has been little change to annuity rates since the last update and this reflects the flat line trend for gilt yields at the moment. The benchmark 15-year gilt yield has remained just under 2 per cent so far in April. Unless yields increase, annuity rates will remain at present levels. In my recent paper […]

Billy Burrows: The invisible force

According to a business associate of mine (and someone considering his own retirement options) “the sands have shifted since the pensions freedoms were announced”. Now they are here, he believes most rational people will work out the cash option is not that attractive considering the tax implications and the problem of where to reinvest it. […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment