View more on these topics

Peter Welch to leave Bridgewater Equity Release

Bridgewater Equity Release head of sales and distribution Peter Welch is to leave his role after nearly four years with the provider.

Welch, who joined Bridgewater in July 2008, will leave the provider on May 31.

At present, Bridgewater does not intend to appoint a direct replacement for Welch but parts of his role will be split between director Paul Barber and business development manager Chris Prior.

Prior to joining Bridgewater, Welch spent over three years as a national account manager for Prudential, joining in October 2003.

Bridgewater, which was formed in 1998, provides home reversion plans and distributes only through intermediaries.

Welch says: “I am now at a point in my career when I can take some time out to look for my next challenge and I wish the team at Bridgewater all the best in their future endeavours.”

Equity Release Advice managing partner Stuart Wilson says: “It must be soul destroying for Peter, who is one of the most positive people I know, to be in a product area which is diminishing when the wider equity release market is very positive. I hope he stays in equity release because it would be a very sad loss.”

Recommended

MetLife adds bereavement service to group life product

MetLife has added a free bereavement and probate service to its group life protection product. Employees who are members of group life scheme and their families will be able to access legal and financial guidance, through a telephone helpline, including help with issues of probate, grants of representation and family disputes following bereavement. The service […]

1

Suspension lifted on Axa transfers

JLT Wealth Management has written to Axa employees asking if they want to restart the advice process for Axa’s enhanced transfer value offer, after JLT temporarily suspended defined-benefit pension transfer exercises last month. In April, JLT suspended the exercises after the FSA confirmed changes to the way in which transfers are calculated. A letter sent […]

SLI positions GARs fund to benefit from volatility

Standard Life Investments has positioned its £11.2bn global absolute return strategies fund to benefit from more market volatility. The team that runs the GARs fund has bought into the Chicago board options exchange market volatility index, called the Vix, a measure of the implied volatility of S&P 500 index options, in the first quarter of […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com