Scottish Life appoints Head of Individual Business
Wednesday, 26 September 2007
Scottish Life, the pensions specialist arm of the Royal London Group, has appointed Keith MacPherson to the position of Head of Individual Business with immediate effect.
The move, which sees Keith take on overall responsibility for individual pensions, reflects Scottish Life's strategy to grow and develop this area of the business through the UK independent intermediary market.
Reporting to Ewan Smith, Group Product Development Director, Keith and his team have responsibility for the development and promotion of Scottish Life's individual pensions proposition, including setting the development agenda for new and existing products as well as providing supporting literature and other tools for advisers and their clients. In addition Keith is responsible for Scottish Life's eBusiness proposition.
Previously eBusiness Development Manager, Keith has worked at Scottish Life for over 17 years. He joined Marketing Department in 1998 where he was instrumental in the development and implementation of both the corporate and individual pension propositions. Prior to joining Marketing, he worked in various positions within the customer services area.
Ewan Smith, Group Product Development Director, said :
"The individual pensions market continues to be a huge growth area for Scottish Life. Keith has a tremendous amount of knowledge and experience of both the industry and the Scottish Life business. His appointment to the position is testament to this and will help drive strategic direction of the organisation.
"As pension specialists we are continually looking for ways to further develop our offer to ensure we stay ahead of the competition and a priority for Keith and his team going forward will be to ensure this remains the case."
- ENDS -
For further information please contact:
Scottish Life
Barbara Playfair
Communications Executive
Tel: 0131 456 7298
Keith MacPherson
Head of Individual Business
Tel: 0131 456 7471
Polhill Communications
Loreen Addy
Tel: 020 7655 0530
Editor's Notes:
Scottish Life was founded in 1881 in Edinburgh as a proprietary company, becoming a mutual company in 1968.
On 1 July 2001, Scottish Life demutualised and transferred its business to The Royal London Mutual Insurance Society Limited. Scottish Life is a division of Royal London and is the specialist pensions business within the Group, providing individual and group pensions to the market via intermediaries.
Scottish Life and Royal London's other intermediary businesses are based in Edinburgh where 1,200 staff are employed, with 190 working in other parts of the UK and overseas.
Royal London Group is a specialist financial service provider. Its businesses focus on those sectors of the market which value premium propositions, operating through a number of brands:
- Scottish Life – UK pensions market
- Bright Grey – UK protection market
- Scottish Life International – offshore investment markets
- RLAM – fund management
- RLAS – life and pensions administration
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £32.7 billion. Group businesses serve around three million customers and employ 2,570 people.(Figures quoted are as at 30 June 2007).