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Key Retirement appoints new director to drive expansion

20 May 2015

Kevin Stelfox joins as Director of Retirement Options and Wealth Management

Key Retirement, the leading over 55s financial specialist, has further strengthened its new Retirement Options service with the appointment of Kevin Stelfox as Director of Retirement Options and Wealth Management.

He joins from specialist adviser Retirement Solutions, where he was a director for five years, and brings more than 20 years' experience in financial services and strong expertise in retirement planning.

His role is to drive the expansion of Key's Retirement Options service which launched in February to help savers understand their expanding range of choices in retirement income planning.

The service provides a free personalised Retirement Options Report for all customers outlining all their options and highlighting the risks and relevance.

It delivers a much greater understanding of the range of relevant options available, enhancing consumer understanding and leading onto regulated advice or non-advised sales where appropriate.

Colin Taylor, CEO at KR Group, said: "Retirement Options will be a significant part of our expanding business underlining our commitment to ensuring customers are aware of all their choices and Kevin's expertise and experience will be a major asset in delivering the service for customers."

Kevin Stelfox, director of Retirement Options and Wealth Management at Key Retirement, said: "Pension freedoms have created the opportunity for even more choice in retirement and Key is ideally placed to help guide savers through their options and ensure they maximise their retirement income."

Kevin has also held senior management positions at Annuity Supermarket, Personal Touch Finance and Aviva.

His appointment maintains the momentum of expansion at market leader KR Group, which is building to be a major provider, backed by leading private equity investor Phoenix Equity Partners, who bought a majority stake in the Group in 2013 for £35million.