Billy Burrows: 'The market has changed, it was time to move on'

Jenna Towler
clock

Billy Burrows is to join non-advised annuity broking business Annuity Line as head of business development.

He said it was "time to move on" after 20 years as the annuity business was fast developing away from the traditional model. Burrows told IFAonline: "After 20 years of advising individual clients the annuity market has changed beyond all recognition. With the increase in non-advised annuities it is time to move on and look at ways of offering clients the best possible service at-retirement. "It is quite clear that the business model of the future has to change to meet customer needs in the post-RDR environment." He has departed Better Retirement Group (BRG) for the role. He incorpo...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Income

Legal & General goes digital for annuity applications

Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock 01 April 2025 • 1 min read
M&G launches fixed term annuity as it re-enters market

M&G launches fixed term annuity as it re-enters market

Fixed term of between five and 15 years on £10,000 minimum lump sum

Jenna Brown
clock 12 March 2025 • 2 min read
L&G reports record annuity sales of £2.1bn for 2024

L&G reports record annuity sales of £2.1bn for 2024

New business sales of annuities up 48%

Linus Uhlig & Jenna Brown
clock 12 March 2025 • 3 min read