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Acquisition of Key Retirement Group completed

The £208m acquisition of equity release specialist Key Retirement Group by Partners Group has been completed after regulatory approval was achieved.

Following the completion of the deal, which sees the group purchased from previous owners Phoenix Equity Partners, founder and chief executive Colin Taylor is retiring from his role at the company.

Simon Thompson, who has been serving as deputy chief executive, will step up to replace Taylor and will spearhead the planned expansion of distribution capacity, broadening the firms product portfolio and driving innovation.

Thompson says: “Colin’s drive and ambition have been crucial in making Key Retirement Group the success that it is and we wish him well on his well-deserved retirement.

“We are very pleased to finalise the deal with Partners Group and look forward to starting work with them as our new owner building on the significant growth achieved over the last few years with Phoenix who were outstanding partners.”



Key Retirement sold for £208m

Key Retirement Group has been sold by Phoenix Equity Partners to Partners Group for £208m. The deal will see Key Retirement expand its distribution, eye acquisitions, improve product innovation and add new products. Phoenix says it increased its original 2013 investment by 4.5 with the sale. Key Retirement Group chief executive designate Simon Thompson says: […]

Key Retirement hires director to step up specialist lending

Key Retirement has bolstered its specialist lending ability by appointing Mark Blanchfield as director of specialist lending. Blanchfield will be responsible for developing Key’s specialist mortgage desk. He will focus on mainstream lending for those wanting to borrow into and in retirement. He joins from My Equity Release Expert, where was a director. At Key […]

The curse of long-term cash

Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]


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