BRIDGEWATER REVEALS NEW INTERMEDIARY DISTRIBUTION TEAM

BRIDGEWATER REVEALS NEW INTERMEDIARY DISTRIBUTION TEAM



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Bridgewater Equity Release, the home reversion specialists, have today (11th August 2008) announced the formation of a new team focusing exclusively on the intermediary distribution channel.
 
The new team is comprised of: Peter Welch, who becomes the new Head of Sales & Distribution for Bridgewater – Peter is responsible for account management and key relationships throughout the UK; Chris Prior, Bridgewater’s new Business Development Manager, who will be working in the South of the UK; and Alison Stephenson, Business Development Consultant, who is office-based and is responsible for managing Bridgewater’s intermediary relationships.
 
Bridgewater’s intermediary distribution team is also supported by Alison Beeston, Compliance & Communications Manager. The new team structure follows the forthcoming departure of Marketing & Sales Manager Andrew Dixon who will leave Bridgewater at the end of August to head up Cavendish one of the leading Equity Release IFA specialists.
 
Peter Welch, Head of Sales & Distribution at Bridgewater Equity Release, said:
 
“With Bridgewater distributing its products exclusively through intermediaries it is important that we have a significant number of highly-skilled professionals focused on this channel. This new team has been put together to ensure that all our intermediary customers are able to communicate quickly and effectively with Bridgewater and that we continue to meet their needs and those of their clients. We will continue to build on the good work of Andrew who has helped us build Bridgewater into a leading home reversion provider and we will be working closely with him in his new role at Cavendish.
 
“There is a growing level of intermediary activity in the equity release sector as firms look to diversify and meet their customer’s wider retirement needs. At a time when house price inflation is falling the certainty customer’s gain from a home reversion plan is self-evident. The Bridgewater intermediary team are able to provide effective and ongoing information to help brokers provide quality advice and recommendations in this sector. We look forward to continuing, and building, our relationships with the UK’s intermediary market.”  
 
For more information on Bridgewater Equity Release, visit: www.bridgewaterequityrelease.co.uk

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