Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Top Stories > STEVE GROVES ANNOUNCED AS NEW KEY RETIREMENT GROUP CHAIRMAN

STEVE GROVES ANNOUNCED AS NEW KEY RETIREMENT GROUP CHAIRMAN

Published by Gbaf News

Posted on January 8, 2018

5 min read

Last updated: January 21, 2026

Spain's government spokesperson discusses social media neutrality in politics - Global Banking & Finance Review — This image captures the essence of Spain's stance on social media neutrality, particularly in relation to Elon Musk's platform X. The article discusses the need for social media to remain impartial and not interfere in political matters, emphasizing compliance with the EU’s Digital Services Act.

Former Partnership Group CEO joins the UK’s leading specialist adviser
David Young remains as Non-Executive Director

Key Retirement Group has appointed Steve Groves as Chairman as it positions itself for further growth following its £208 million acquisition by global private markets investment manager Partners Group last year.

Steve comes with a wealth of experience and is recognised by many as a pioneer and innovator in financial services. He has over 20 years’ experience within the insurance and retirement sectors, with much of that time spent leading Partnership Assurance, later Partnership Plc, where he progressed to Group CEO.

During his 11-year career with Partnership, he was instrumental in building the company into one of the strongest enhanced annuity and equity release businesses in the UK. In the five years preceding the Group’s flotation he led a major expansion of the business which resulted in sales growth of 400%. Following the £1.6 billion flotation, he remained Group CEO and continued in the role during the merger with Just Retirement in August 2015, before leaving the business in 2016.

He joins Key Retirement Group at the start of its new growth phase and will play an instrumental part in working with the established team to drive continued distribution growth, broaden the Group’s product portfolio, foster further product innovation and ensure housing equity and ways of unlocking that equity continue their development into mainstream financial planning and mortgage propositions.

David Young who has been a Non-Executive Director of Key Retirement Group for over four years will continue in the role through the next growth phase of the group.

Simon Thompson, CEO, Key Retirement Group, said: “We are delighted that Steve has agreed to join Key Retirement Group as his customer focused ethos and track record fit perfectly with our plans for the future.

“His wealth of experience in the retirement sector and in successfully growing specialist businesses will be a major asset for Key as we deliver our expansion strategy.

We are also delighted that David Young, with whom we have worked so closely over the past four years, is to continue in his Non-Executive role providing good continuity for the business.”

Steve Groves, Chairman, Key Retirement Group, said: “I know Key Retirement Group well having worked previously with them as a major business partner and I look forward to working with Simon and the team to build on the relationships and knowledge both they and I have from the past two decades in this sector to help serve existing and new customers. The acquisition by Partners Group means Key is poised to grow substantially and I look forward to working with the team and being part of the growth over the coming years.”

David Young, Non-Executive Director, Key Retirement Group, said: “Having worked with Key Retirement Group now for over four years, I’m extremely pleased to continue with the business and look forward to working with Steve, Simon and the Board through its next exciting phase.”

Former Partnership Group CEO joins the UK’s leading specialist adviser
David Young remains as Non-Executive Director

Key Retirement Group has appointed Steve Groves as Chairman as it positions itself for further growth following its £208 million acquisition by global private markets investment manager Partners Group last year.

Steve comes with a wealth of experience and is recognised by many as a pioneer and innovator in financial services. He has over 20 years’ experience within the insurance and retirement sectors, with much of that time spent leading Partnership Assurance, later Partnership Plc, where he progressed to Group CEO.

During his 11-year career with Partnership, he was instrumental in building the company into one of the strongest enhanced annuity and equity release businesses in the UK. In the five years preceding the Group’s flotation he led a major expansion of the business which resulted in sales growth of 400%. Following the £1.6 billion flotation, he remained Group CEO and continued in the role during the merger with Just Retirement in August 2015, before leaving the business in 2016.

He joins Key Retirement Group at the start of its new growth phase and will play an instrumental part in working with the established team to drive continued distribution growth, broaden the Group’s product portfolio, foster further product innovation and ensure housing equity and ways of unlocking that equity continue their development into mainstream financial planning and mortgage propositions.

David Young who has been a Non-Executive Director of Key Retirement Group for over four years will continue in the role through the next growth phase of the group.

Simon Thompson, CEO, Key Retirement Group, said: “We are delighted that Steve has agreed to join Key Retirement Group as his customer focused ethos and track record fit perfectly with our plans for the future.

“His wealth of experience in the retirement sector and in successfully growing specialist businesses will be a major asset for Key as we deliver our expansion strategy.

We are also delighted that David Young, with whom we have worked so closely over the past four years, is to continue in his Non-Executive role providing good continuity for the business.”

Steve Groves, Chairman, Key Retirement Group, said: “I know Key Retirement Group well having worked previously with them as a major business partner and I look forward to working with Simon and the team to build on the relationships and knowledge both they and I have from the past two decades in this sector to help serve existing and new customers. The acquisition by Partners Group means Key is poised to grow substantially and I look forward to working with the team and being part of the growth over the coming years.”

David Young, Non-Executive Director, Key Retirement Group, said: “Having worked with Key Retirement Group now for over four years, I’m extremely pleased to continue with the business and look forward to working with Steve, Simon and the Board through its next exciting phase.”