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.