Scottish Life strengthens ‘defined benefit’ team with corporate pensions appointments
Thursday, 28 February 2008
Scottish Life, the pensions specialist arm of the Royal London Group, today announces the appointment of Joe McGrath and Ken Tymms as Corporate Pensions Managers.
Reporting to Paul Spriddle, Head of Partnerships (Corporate Pensions), Joe and Ken will work specifically on Scottish Life's defined benefits (DB) business, to assist advisers in finding solutions for their clients. Both have experience spanning 60 years in the DB field and have an in-depth understanding of the issues facing employers and trustees.
Joe joined Scottish Life in1987 as a consultant, becoming area sales manager in 2001 and pensions sales manager in 2003.He joined from Equity & Law where he also worked on defined benefit offerings.
Ken's corporate pension experience dates back to 1981 and includes roles in pensions administration and sales with Equitable Life and later as a senior consultant with Godwins. Ken joined Scottish Life from Equitable Life in 2001.
Jim Smith, Sales Director at Scottish Life, commented:
"Both Ken and Joe have been key members of the corporate pensions team for some time and we are pleased to announce their new positions as corporate pensions managers.
"We feel that these appointments demonstrate our continued commitment to the DB market and to delivering best practice in market solutions. Not least, our unbundled DB solution enables us to provide products tailor-made for our clients' needs. Ken and Joe's experience will continue to provide a real boost to the team."
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For further information please contact:
Scottish Life
Barbara Playfair
Communications Executive
Tel: 0131 456 7298
Polhill Communications
Nicola Pierce
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 440 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
- Fundsdirect / Ascentric – funds supermarket; Wrap Platform
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £33.1 billion. Group businesses serve around three million customers and employ 2,620 people.(Figures quoted are as at 31 December 2007).