Not the same anymore - Equity Release Adviser Age Partnership Employee Review

Over a period of 5 years the company has gone massively downhill. Yes covid didn’t help, but things have never been the same since. A constant cycle of redundancies only to later hire back the same people, then announce more redundancies. At least the most recent announcement was not on top of Christmas with the Christmas party cancelled at the last minute, like what happened in late 2022. This time all advisers are ‘at risk’ with a proper consultation instead of being called up one by one to learn their fate and be offered a settlement figure with an NDA to walk away. The market has changed massively over the last few years and Age Partnership has simply not adjusted quick enough or planned ahead for the peaks and troughs. No cost of living pay rise in the last 5 years. Targets and bonus structure constantly being adjusted to make it harder to achieve. There is no accountability for directors mistakes that mean yet more staff have to lose their jobs. I think Age Partnership has had its day and needs to accept it is not the best or largest equity release advisers in the UK anymore. Just operate within your means as a small brokerage and keep those peoples jobs safe.