Gifting is continuing to drive expansion in the equity release market with one in four pensioners using property wealth to help family members, new analysis has shown.

Key Retirement Group has announced the appointment of a new chief digital officer.

Former Partnership CEO Steve Groves has been hired as chairman of the Key Retirement Group, an equity release and later life provider.

Key Retirement is linking up with live-in care provider Elder to increase the range of options for financial advisers supporting retired clients.