Pure Retirement has restructured its originations team.

As part of the reshuffle, Gavin Hancock has been appointed as head of initial loan originations.

Hancock, former underwriting department manager at Pure, brings 25 years of financial services experience as well as work in underwriting.

As part of the restructure, Beth Lawson has taken on the role of underwriting department manager.

Lawson brings eight years of experience at Pure, and 14 years of experience in financial services.

Commenting on the changes, Hancock says: “I’m excited to be leading the next chapter of our originations journey, having already successfully rolled out a range of enhancements and changes to our underwriting processes.”

“We’ve got a team that’s committed to delivering best outcomes for advisers and consumers, as reflected in our Smart Money People and net promotor scoring, and I’m looking forward to leading our originations function and continue to provide market-leading service standards.”

At the start of the year, Pure Retirement revealed that the average value of property on new lifetime mortgage customers had increased by 25% annually in Q2 2024.