Retirement Plus, a home reversion provider, has today announced it has agreed to merge with Milton Homes by the end of November subject to regulatory approval.
The two businesses already had close ties, with both having Delancy as a shareholder. Retirement Plus also administered Milton’s home reversion plans and arranged its new business pipeline. The merged company will have joint assets of almost £100m and a significant market share in the home reversion sector. Retirement Plus business will maintain its branding and product range, while Milton Homes will rebrand under the name ‘Living Plus’. The new business will be initiating a recruitment drive in the coming months as part of an expansion programme aimed at extending the firms’ joint pro...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
