Key Group appoints Mike Hardy to head Annuity People
Business to business annuity broking referral service expands as Malcolm Thomas retires
Key Group has appointed Mike Hardy to head its annuity broking referral service Annuity People. He succeeds founder Malcolm Thomas, who is retiring after establishing the business-to-business referral service as a market leader.
Mike Hardy joins as Sales Director from The Open Market Annuity Service (TOMAS) which he joined when it was Kerr Henderson. He has deep experience and expertise in the at retirement market with Prudential, Park Row and Wentworth Rose.
Malcolm Thomas decided to retire at the start of the year but stayed on to help find a successor and to lead the expansion of services at Annuity People. The company has widened its offering to include some of the new products to market; such as LV=’s one-year fixed-term annuity and Partnership’s Enhanced Choice enabling clients to review options after 12 months.
Annuity People’s service is being integrated into Key’s Preston headquarters as part of the group’s response to the new pension regime aimed at enabling individuals and advisers to embrace the opportunities and new products coming to market.
Dean Mirfin, Group Director at Key Retirement Solutions, said:“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. Since our acquisition of Annuity People in 2012 the team has worked hard in delivering first class services to advisers and their clients. Looking forward, 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.”
Mike Hardy added: “I am looking forward to bringing my experience, market knowledge and enthusiasm to ensuring that Annuity People is the market leading referral service for advisers.”
Annuity People, which carries out all research and administration for advisers, Occupation Scheme Trustees, Benefit Consultants and other intermediaries to achieve the best possible deal for their pension fund, currently supports around 600 advisers across a range of firms and networks, including Moneygate.