MLC Expand adds retirement muscle to new joint solution

MLC Expand has announced the appointment of seasoned retirement partnership professional, Andrew Long, to spearhead its new MLC Retirement Boost solution, launched in partnership with TAL and Challenger back in August.

In the role of Retirement Specialist, Long will take on responsibility for growing the solution’s presence in the market by further engaging with licensees and financial advisers. His appointment comes as MLC Expand says the solution has seen significant demand from financial advisers since it was launched.

Long brings a wealth of experience to the new role, having enjoyed several strategic retirement partnership positions at Colonial First State (CFS), Challenger Limited and TAL, joining from Resolution Life where he was the National Institutional Retirement lead.

Now available on the MLC Expand platform for advisers to use with their superannuation clients, MLC Retirement Boost is designed to strengthen confidence in retirement by allowing account holders to grow their income during the retirement phase by utilising the concessional treatment of lifetime income streams.

“Since we launched MLC Retirement Boost in August we’ve been really pleased with the feedback and demand from advisers. We’ve been really impressed with the demand from advisers and licensee groups wanting to hear more about the solution, and start recommending it to their clients,” MLC Expand chief executive, Liz McCarthy, said.

“We knew the solution, coupled with our innovative partnership with TAL and Challenger, would be of interest to advisers but the response to date – only a few months in – has been really exciting, and has meant we’ve had to expand our team to keep up with this demand.

“I’m excited to welcome Andrew to the MLC Expand team and think his specialised experience in retirement solutions will be beneficial to our internal teams, as well as the licensees and advisers we work with, as we continue to see demand for MLC Retirement Boost grow.”