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.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
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:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules