Bower set to double face-to-face adviser team

Equity release adviser Bower Retirement Services is planning to double its face-to-face adviser team over the next 12 months.

The firm currently has 24 advisers and says it aims to double this headcount, having seen 50 per cent growth in business and 25 per cent growth in enquiries over the last 12 months.

Bower is also investing in new administrative and support systems for its adviser team.

Bower Retirement chief executive Geoff Charles says: “Our brand of advice is proving popular with customers – leading to unprecedented levels of applications.

“As a result we are looking to increase our team of specialist advisers, enabling us to help even more homeowners to access equity safely, helping to improve their quality of life.”