tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Thursday, July 18th, 1:27PM

People

rss
People

Stephens to retire from Lifetime

Tuesday, December 8th 2015, 11:30AM

Lifetime Group founder and chief executive Warren Stephens has announced that he will retire at the end of March next year.

He says that during his 21 years with the company he has overseen 70 book and business acquisitions and grown the firm from 14 people to more than 110. Revenue has grown from $2 million in 1999 to around $20 million now.

Life insurance makes up 60% of the business and fire and general accounts for around 15%. The balance is split between mortgages and investments.

Stephens says he has "mixed feeling about the decision."

"I am immensely proud of what we have been able to achieve together throughout my 21 years in the industry and the 17 years served within the combined Argent/Lifetime Group."

"There comes a time when you have to listen to your heart while keeping in mind what's best for the team as a whole and the time has come for me to bow out."

He says there are changes happening at Lifetime and it will be up to the new leaders to take the the company forward.

Stephens will remain a shareholder in Lifetime. "I remain committed to what Lifetime represents and I fully intend to remain a cornerstone shareholder," he says.

Tags: Lifetime

« Grosvenor adds to research teamSimon Fisher takes on CEO role »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Slideshow

MORE JOBS»

Tuesday, July 23rd 2024
Brightstar 20th Annual Financial Markets Law conference
Auckland

Tuesday, July 23rd 2024
Quotemonster Roadshow 2024 - Taupo
Waikato

Tuesday, July 23rd 2024
Financial Advice New Zealand Connect Tour - Dunedin
Otago

Wednesday, July 24th 2024
Quotemonster 2024 - Tauranga
BOP

Wednesday, July 24th 2024
Financial Advice New Zealand Connect Tour - Christchurch
Canterbury

Thursday, July 25th 2024
Quotemonster 2024 - Hamilton
Waikato

Thursday, July 25th 2024
Financial Advice New Zealand Connect Tour - Palmerston North
Wairarapa

Tuesday, July 30th 2024
Quotemonster 2024 - Auckland West
Auckland

Wednesday, July 31st 2024
Quotemonster 2024 - Christchurch
Canterbury

Thursday, August 1st 2024
Quotemonster 2024 - Invercargill
Southland

MORE»

News Bites
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com