Former FCA senior associate joins Retirement Advantage
Retirement Advantage Equity Release have appointed former FCA senior associate and equity release specialist David Forsdyke as the company's new Head of Compliance.
David joins having been part of the team responsible for implementing the Mortgage Market Review. David also worked on developing FCA policy, leading on the read-across of new MMR conduct of business rules for the equity release industry. Before joining the FCA, he was director of an equity release advisory business and has more than 20 years’ experience in financial services.
Tom Evans, Managing Director of Retirement Advantage Equity Release, said:
“We’re thrilled to have David on board. He’s been at the regulatory coalface with the FCA as our industry has moved into the mainstream. Equity release is gaining popularity and new products and features are helping the sector to become an attractive option in an increasing number of circumstances. David’s experience and in-depth knowledge of the regulatory environment, as well as his background as an equity release financial adviser, will be invaluable to us as the market continues to develop and innovate.”
David Forsdyke added:
“It’s great to be joining Retirement Advantage at an exciting time for the business, and for the industry as a whole. I’m looking forward to helping the business continue to grow and innovate. Retirement Advantage rightly has a reputation for responding to advisers and customers with market-leading product development, and I’m pleased to now be a part of that.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending

Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Government
Government confirms launch of permanent Freedom to Buy mortgage scheme

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

FCA
FCA fines Barclays £42m over financial crime risks
