Key Retirement Solutions has appointed Mike Hardy as head of its annuity broking service Annuity People.
Previously Hardy was sales director at The Open Market Annuity Service. He has also worked at Prudential, Park Row and Wentworth Rose.
Hardy replaces Malcolm Thomas, who founded Annuity People and will now retire.
Key Retirement Solutions group director Dean Mirfin says: “Mike joins Annuity People at the perfect time to ensure that in the new pensions landscape it will continue to provide very valuable services to ensure advisers are able to deliver the full range of retirement income solutions.
“Mike’s role is to continue to broaden the client options available ensuring that the service keeps pace with market innovation and continues to support its business to business partners in the new pensions landscape. I would like to wish Malcolm all the best for his retirement, and know that Mike will prove to be a worthy replacement.”
Key Group acquired Annuity People in 2012. As part of the group’s response to the Budget changes the annuity service is being moved into the wider group’s headquarters in Preston.