L&G appoints head of IFA sales for lifetime mortgages

L&G appoints head of IFA sales for lifetime mortgages

Legal & General has announced the appointment of Rob Miles to the position of head of IFA sales of its lifetime mortgage business.

Prior to joining Legal & General Home Finance, Miles was head of Legal & General individual wealth sales.

He has over 27 years of experience in financial services spanning both operations and distribution.

Legal & General’s strategic aim is to make lifetime mortgages a mainstream solution for retirees with accumulated property wealth.

Miles said: “I am delighted to be joining the Legal & General Home Finance team at such an exciting time for retirement lending. Legal & General has been a transformative addition to the lifetime mortgage market and I believe it is the most dynamic brand in this sector.

“I look forward to working closely with the team in Solihull as Legal & General Home Finance continues to strengthen its position in 2017.”

Steve Ellis, managing director of Legal & General Home Finance, added: “I am delighted to welcome Rob into the Legal & General Home Finance team. Our relationships with advisers form the bedrock of Legal & General’s lifetime mortgage business, and I am confident that Rob’s experience in individual wealth will stand in good stead with our intermediary partners.

“Rob’s appointment comes at an exciting time for Legal & General Home Finance, which has gone from standing start to one of the market’s largest lenders in a relatively short period of time. I look forward to working closely with Rob as Legal & General continues its mission of bringing lifetime mortgages into the mainstream.”